LOGO
LOGO

European Economic News

Iceland's Inflation Unchanged At 3.3%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Iceland's consumer price inflation stayed unchanged in May, data released by Statistics Iceland showed Wednesday.

Inflation as per the consumer price index stayed unchanged at 3.3 percent in May. The consumer price index, excluding housing costs, was higher by 3.4 percent than in May 2012.

Prices of food products climbed 5 percent annually during the month, and costs of domestic goods and vegetables rose by 5.7 percent. Prices of imported goods were higher by 0.8 percent than a year earlier.

Month-on-month, the consumer price index decreased modestly by 0.05 percent, after gaining 0.2 percent in April. Over the last three months, the index increased by 0.3 percent, data showed.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

Latest Updates on COVID-19