Makrognosis

Iceland Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode IS.CPI.M.NSA

Latest (y/y)5.4%September 2026
Previous (y/y)6.1%August 2026
Level106.8September 2026
Next release10 Dec 2026expected

Iceland Inflation Rate (CPI) was up 5.4% year on year in September 2026, compared with 6.1% in August 2026.

The level stood at 106.8 (index).

Among the 80 economies Makrognosis covers on this measure, it is the 20th highest.

Over the past ten years it has ranged from −2.7% (Sep 2017) to 8.8% (Feb 2023), averaging 3.2%.

The next update is expected on 10 December 2026.

Iceland Inflation Rate (CPI), annual % change, Dec 2016 – Sep 2026−5.0%−2.5%0.0%2.5%5.0%7.5%10.0%20182020202220242026Robomacro
Iceland Inflation Rate (CPI), annual % change, Dec 2016 – Sep 2026. Source: Eurostat (Statistical Office of the European Union).
Iceland Inflation Rate (CPI), level (index)708090100110201620182020202220242026Robomacro
Iceland Inflation Rate (CPI), 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 202599.983.4
October 2025100.93.9
September 2025101.34.2
August 2025101.73.7
July 2025101.93.7
June 2025101.43.9
May 202599.593.5
April 202599.123.9
March 202598.393.4
February 202597.943.4
January 202596.923.7
December 202496.953.6
November 202496.713.5
October 202497.053.8

Last 24 observations. The full history (130 observations) is available through the API.

Get Iceland Inflation Rate (CPI) 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"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IS.CPI.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 2015
Observations130
FrequencyMonthly
Unitsindex
AdjustmentNot seasonally adjusted
10-year high8.8% (Feb 2023)
10-year low−2.7% (Sep 2017)
10-year average3.2%
Source agencyEurostat (Statistical Office of the European Union)
Makrognosis codeIS.CPI.M.NSA

Inflation Rate (CPI): how Iceland compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
15IndiaOct 20266.1%
16UgandaOct 20265.8%
17GreeceOct 20265.7%
18BulgariaSep 20265.7%
19MontenegroSep 20265.5%
20IcelandSep 20265.4%
21ItalyOct 20265.4%
22CambodiaSep 20265.3%
23BelgiumOct 20265.3%
24PeruOct 20265.3%
25VietnamOct 20265.1%
26GeorgiaSep 20265.1%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Iceland Inflation Rate (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: All-items excl. tobacco (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)

Other Iceland indicators

Iceland GDP (Gross Domestic Product)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 inflation Rate (CPI) in Iceland?
The latest reading is 5.4% year on year for September 2026, published by Eurostat (Statistical Office of the European Union).
When is the next Iceland inflation Rate (CPI) 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.CPI.M.NSA.

Last updated 2026-11-10. Source: Eurostat (Statistical Office of the European Union). Original title: “Iceland HICP: All-items (2025=100)”.