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Iceland Inflation Stable In April

Iceland's consumer price inflation remained unchanged in April, after rising in the previous month, data released by Statistics Iceland showed Friday.

The consumer price index increased 6.4 percent year-on-year in April, as it did in the previous month. In February, the inflation rate was 6.3 percent.

Prices of domestic goods and vegetables advanced 7.8 percent annually, while prices of imported goods moved up 5.3 percent. There was a 6.8 percent year-on-year increase food prices during the month. Consumer prices, excluding housing costs, increased 6.3 percent annually in April.

On a monthly basis, consumer prices moved up 0.8 percent in April, after rising 1 percent in March, the agency said.

by RTT Staff Writer

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