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Inflation · Iceland

5.4% Compared with the same month last year (September 2026).

September 20265.4%Compared with the same month last year
All items5.4%
Food and non-alcoholic drinks4.1%
Housing, water, electricity and gas6.2%
Transport11.3%

Last 12 months

September 20265.4%
August 20266.1%
July 20265.6%
June 20265.1%
May 20264.8%
April 20264.9%
March 20265.0%
February 20264.7%
January 20264.4%
December 20254.0%
November 20253.4%
October 20253.9%
September 20254.2%

Comparison with other European countries · September 2026

Questions and answers

What is the inflation rate?

5.4% (September 2026, HICP, Eurostat).

What does this inflation figure measure?

The Harmonised Index of Consumer Prices: how much the prices of goods and services bought by households changed compared with a year earlier, measured the same way in every EU country.

Source: Eurostat prc_hicp_minr (HICP).