Makrognosis

Iceland Core Inflation Rate

MonthlyNot seasonally adjustedCode IS.CPICORE.M.NSA

Latest (y/y)6.8%September 2026
Previous (y/y)8.2%August 2026
Level108.5September 2026
Next release10 Dec 2026expected

Iceland Core Inflation Rate was up 6.8% year on year in September 2026, compared with 8.2% in August 2026.

The level stood at 108.5 (index).

Among the 50 economies Makrognosis covers on this measure, it is the 4th highest.

Over the past ten years it has ranged from −3.3% (Nov 2017) to 8.5% (Jun 2023), averaging 2.8%.

The next update is expected on 10 December 2026.

Iceland Core Inflation Rate, annual % change, Dec 2000 – Sep 2026−5%0%5%10%15%20%20052010201520202025Robomacro
Iceland Core Inflation Rate, annual % change, Dec 2000 – Sep 2026. Source: Eurostat (Statistical Office of the European Union).
Iceland Core Inflation Rate, level (index)20406080100120200020052010201520202025Robomacro
Iceland Core Inflation Rate, level (index).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 2026108.56.8
August 2026110.88.2
July 2026110.67.7
June 2026109.06.9
May 2026105.96.5
April 2026105.06.2
March 2026104.76.8
February 2026104.16.7
January 2026102.26.0
December 2025100.63.5
November 202599.422.5
October 2025100.83.5
September 2025101.64.0
August 2025102.43.7
July 2025102.73.6
June 2025102.03.8
May 202599.433.0
April 202598.943.6
March 202598.043.0
February 202597.553.1
January 202596.483.6
December 202497.233.7
November 202496.963.7
October 202497.404.0

Last 24 observations. The full history (322 observations) is available through the API.

Get Iceland Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IS.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IS.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationDecember 1999
Observations322
FrequencyMonthly
Unitsindex
AdjustmentNot seasonally adjusted
10-year high8.5% (Jun 2023)
10-year low−3.3% (Nov 2017)
10-year average2.8%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeIS.CPICORE.M.NSA

Core Inflation Rate: how Iceland compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
6PhilippinesOct 20265.4%
7MontenegroSep 20264.8%
8SerbiaSep 20264.7%
9GreeceOct 20264.7%
10BulgariaOct 20264.5%
11MexicoOct 20263.8%
12GeorgiaSep 20263.7%

Core Inflation Rate by country: all 50 economies ranked →

Other Iceland indicators

Iceland GDP (Gross Domestic Product)Iceland Inflation Rate (CPI)Iceland Unemployment RateIceland GDP implicit deflator, 2010=100, seasonally and calendar adjustedIceland General government interest expenditure, EUR mnIceland General government total revenue, EUR mnIceland Population, 1 JanuaryIceland Youth unemployment rate (under 25), % of labour force, SA

FAQ

What is the current core Inflation Rate in Iceland?
The latest reading is 6.8% year on year for September 2026, published by Eurostat (Statistical Office of the European Union).
When is the next Iceland core Inflation Rate release?
The next update is expected on 10 December 2026.
Where does this data come from?
It is collected directly from Eurostat (Statistical Office of the European Union) and is available through the Makrognosis API under the code IS.CPICORE.M.NSA.

Last updated 2026-11-10. Source: Eurostat (Statistical Office of the European Union). Original title: “Iceland HICP: Core (excl. energy, food, alcohol & tobacco) (2025=100)”.