Makrognosis

Iceland HICP: All-items excl. tobacco (2025=100)

MonthlyNot seasonally adjustedCode IS.CPI.M.NSA.GRP-XTOBACCO

Latest (y/y)5.4%September 2026
Previous (y/y)6.1%August 2026
Level106.8September 2026

Iceland HICP: All-items excl. tobacco (2025=100) was up 5.4% year on year in September 2026, compared with 6.1% in August 2026.

The level stood at 106.8 (index).

Over the past ten years it has ranged from −2.9% (Sep 2017) to 8.8% (Feb 2023), averaging 3.1%.

Iceland HICP: All-items excl. tobacco (2025=100), annual % change, Dec 2000 – Sep 2026−5%0%5%10%15%20%20052010201520202025Robomacro
Iceland HICP: All-items excl. tobacco (2025=100), annual % change, Dec 2000 – Sep 2026. Source: Eurostat (Statistical Office of the European Union).
Iceland HICP: All-items excl. tobacco (2025=100), level (index)20406080100200020052010201520202025Robomacro
Iceland HICP: All-items excl. tobacco (2025=100), level (index).

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

Recent data

PeriodValueY/Y %
September 2026106.85.4
August 2026107.96.1
July 2026107.65.6
June 2026106.65.1
May 2026104.34.8
April 2026104.04.9
March 2026103.35.0
February 2026102.54.7
January 2026101.24.4
December 2025100.94.0
November 202599.973.3
October 2025100.93.9
September 2025101.34.2
August 2025101.73.6
July 2025101.93.6
June 2025101.43.9
May 202599.583.4
April 202599.123.8
March 202598.383.3
February 202597.933.3
January 202596.923.7
December 202497.003.6
November 202496.763.5
October 202497.113.8

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

Get Iceland HICP: All-items excl. tobacco (2025=100) 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.CPI.M.NSA.GRP-XTOBACCO"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IS.CPI.M.NSA.GRP-XTOBACCO",
                 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 high8.8% (Feb 2023)
10-year low−2.9% (Sep 2017)
10-year average3.1%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeIS.CPI.M.NSA.GRP-XTOBACCO

More Iceland CPI series

Iceland HICP: Alcohol, tobacco & narcotics (2025=100)Iceland HICP: All-items excl. energy & seasonal food (2025=100)Iceland HICP: All-items excl. energy & unprocessed food (2025=100)Iceland HICP: All-items excl. energy (2025=100)Iceland HICP: Clothing & footwear (2025=100)Iceland HICP: Education services (2025=100)Iceland HICP: Energy (2025=100)Iceland HICP: Food & non-alcoholic beverages (2025=100)Iceland HICP: Food (2025=100)Iceland HICP: Furnishings & household equipment (2025=100)Iceland HICP: Health (2025=100)Iceland HICP: Housing, water, electricity & fuels (2025=100)Iceland HICP: Industrial goods (2025=100)Iceland HICP: Information & communication (2025=100)Iceland HICP: Insurance & financial services (2025=100)Iceland HICP: Non-energy industrial goods (2025=100)Iceland HICP: Personal care & misc. goods/services (2025=100)Iceland HICP: Recreation, sport & culture (2025=100)Iceland HICP: Restaurants & accommodation (2025=100)Iceland HICP: Total goods (2025=100)

Other Iceland indicators

Iceland GDP (Gross Domestic Product)Iceland Inflation Rate (CPI)Iceland Core Inflation RateIceland 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 hICP: All-items excl. tobacco (2025=100) in Iceland?
The latest reading is 5.4% year on year for September 2026, published by Eurostat (Statistical Office of the European Union).
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.CPI.M.NSA.GRP-XTOBACCO.

Last updated 2026-11-09. Source: Eurostat (Statistical Office of the European Union). Original title: “Iceland HICP: All-items excl. tobacco (2025=100)”.