Consumer price inflation in Iceland held steady in February after accelerating in the previous two months, preliminary data from Statistics Iceland showed on Thursday.
The consumer price index rose 5.2 percent year-on-year in February, the same as in the previous month, which was the highest inflation rate in sixteen months. The CPI excluding housing costs was 4.5 percent higher than a year ago.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.