Consumer price inflation in Iceland moderated for the first time in five months in April, preliminary data from Statistics Iceland showed on Wednesday.
The consumer price index rose 5.2 percent year-on-year in April, slightly slower than the 5.4 percent rise in March. The CPI excluding housing costs was 4.8 percent higher than a year ago.
Inflation based on housing and utilities moderated to 6.7 percent from 6.9 percent. The annual price growth for food and non-alcoholic beverages also softened to 4.9 percent from 5.8 percent, while that for transportation accelerated to 7.6 percent from 6.1 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.