NEWS RELEASE PRICES 29 OCTOBER 2020

The Consumer Price Index (CPI) based on prices in October 2020 is 489.1 points (May 1988=100), 0.43% higher than in the previous month. The CPI less housing cost is 419.3 points, 0.43% higher than in September 2020.

Prices of food and drinks increased by 1.0% (effects on index 0.15%). Cost of owner occupied housing (imputed rent) increased by 0.6% (0.09%).

The CPI is 3.6% higher in October 2020 than in October 2019 and the CPI less housing cost is 4.1% higher than one year ago.

The CPI compiled in the middle of October 2020, 489.1 points, is applicable for indexation purposes in December 2020. The old credit terms index for December 2020 is 9,657 points.

The Icelandic consumer price index 2019-2020
May 1988 = 100 Monthly index Monthly changes, % Annual changes, %
2019
October472.20.362.8
November472.80.132.7
December473.30.112.0
2020
January469.8-0.741.7
February474.10.922.4
March475.20.232.1
April477.50.482.2
May480.10.542.6
June482.20.442.6
July482.90.153.0
August485.10.463.2
September487.00.393.5
October489.10.433.6

Statistics

Further Information

For further information please contact 528 1200 , email neysluverd@hagstofa.is

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