The CPI compiled in February 2006 is 249.5 points (May 1988=100), 0.08% lower than in the previous month. The CPI less housing cost is 230.9 points, 0.26% lower than in January.
Owing to ongoing winter sales, the prices of clothing and footwear fell by 9.9% (effect on the CPI -0.47%).
Owner occupied housing cost rose by 0.7% (0.11%).
The CPI in February 2006 is 4.1% higher than in February 2005 while the CPI less housing cost is 1.0% higher than one year ago. The CPI rose by 0.6% over the last three months equivalent to an annual inflation rate of 2.4% (CPI less housing cost: 1.0% deflation).
The credit terms index in March 2006 is 249.5 points. The old credit terms index is 4.926 points in March 2006.
| The Icelandic Consumer Price Index 2005-2006 | ||||||
| May 1988 = 100 | Annualized rates | |||||
| Monthly index | Monthly changes | Latest month | Latest 3 months | Latest 6 months | Latest 12 months | |
| 2005 | ||||||
| February | 239.7 | 0.2 | 2.5 | 3.1 | 4.4 | 4.5 |
| March | 241.5 | 0.8 | 9.4 | 4.3 | 5.1 | 4.7 |
| April | 242.0 | 0.2 | 2.5 | 4.8 | 3.9 | 4.3 |
| May | 240.7 | -0.5 | -6.3 | 1.7 | 2.4 | 2.9 |
| June | 242.4 | 0.7 | 8.8 | 1.5 | 2.9 | 2.8 |
| July | 242.7 | 0.1 | 1.5 | 1.2 | 2.9 | 3.5 |
| August | 243.2 | 0.2 | 2.5 | 4.2 | 2.9 | 3.7 |
| September | 246.9 | 1.5 | 19.9 | 7.6 | 4.5 | 4.8 |
| October | 248.4 | 0.6 | 7.5 | 9.7 | 5.4 | 4.6 |
| November | 248.0 | -0.2 | -1.9 | 8.1 | 6.2 | 4.2 |
| December | 248.9 | 0.4 | 4.4 | 3.3 | 5.4 | 4.1 |
| 2006 | ||||||
| January | 249.7 | 0.3 | 3.9 | 2.1 | 5.9 | 4.4 |
| February | 249.5 | -0.1 | -1.0 | 2.4 | 5.2 | 4.1 |
| Percentage changes, not seasonally adjusted. | ||||||
| Consumer price index by economic categories 2006 | ||||
| Subindices March 1997=100 | Change in the last 12 months | |||
| Jan. 2006 | Feb. 2006 | Effect on the index | ||
| % | ||||
| Consumer Price Index | 139.9 | 139.8 | 4.1% | 4.1% |
| Thereof: | ||||
| Domestic goods | 128.6 | 129.4 | 1.3% | 0.2% |
| Agricultural products | 125.2 | 126.1 | 2.7% | 0.2% |
| Domestic goods less agricultural products and vegetables | 130.7 | 131.4 | 0.4% | 0.0% |
| Imported goods | 112.0 | 110.6 | -1.0% | -0.3% |
| Imported goods less, alcohol and tobacco | 107.9 | 106.3 | -1.2% | -0.3% |
| Core index 1 (CPI less agric. prod., vegetables, | ||||
| fruits and petrol) | 141.0 | 140.9 | 3.8% | 3.4% |
| Core index 2 (core index 1 less public services) | 141.1 | 140.9 | 4.0% | 3.2% |
| Groceries (perishable items) | 122.1 | 122.6 | -0.4% | -0.1% |
Statistics