OECD monthly CPI inflation in Iceland

Consumer prices in Iceland were 5.9% higher than a year earlier in October 2026.

Measure: Monthly consumer price inflation (OECD) Unit: % change on the same month a year earlier Data: January 2000 to October 2026 Source: OECD
Iceland, October 2026 5.9% % change on the same month a year earlier
Change from September 2026 0percentage points September 2026: 5.9%
Median of OECD (38 countries), October 2026 2.8% Middle value of 5 countries

OECD monthly CPI inflation in Iceland over time

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Iceland

% change on the same month a year earlier. Source: OECD Data Explorer. Gaps mean no published value; points are not joined across missing years.

Monthly consumer price inflation (OECD) (% change on the same month a year earlier), January 2017 to October 2026 – most recent 40 periods; the CSV has all of them
Period Iceland
October 2026 5.9%
September 2026 5.9%
August 2026 5.6%
July 2026 5.3%
June 2026 5.2%
May 2026 5.1%
April 2026 5.2%
March 2026 5.4%
February 2026 5.2%
January 2026 5.2%
December 2025 4.5%
November 2025 3.7%e (Estimated value)
October 2025 4.3%e (Estimated value)
September 2025 4.1%e (Estimated value)
August 2025 3.8%e (Estimated value)
July 2025 4.0%e (Estimated value)
June 2025 4.1%e (Estimated value)
May 2025 3.8%e (Estimated value)
April 2025 4.2%e (Estimated value)
March 2025 3.8%e (Estimated value)
February 2025 4.2%e (Estimated value)
January 2025 4.7%e (Estimated value)
December 2024 4.7%e (Estimated value)
November 2024 4.8%e (Estimated value)
October 2024 5.1%e (Estimated value)
September 2024 5.4%e (Estimated value)
August 2024 6.0%e (Estimated value)
July 2024 6.3%e (Estimated value)
June 2024 5.8%e (Estimated value)
May 2024 6.2%e (Estimated value)
April 2024 6.0%e (Estimated value)
March 2024 6.8%e (Estimated value)
February 2024 6.6%e (Estimated value)
January 2024 6.7%e (Estimated value)
December 2023 7.8%e (Estimated value)
November 2023 8.0%e (Estimated value)
October 2023 7.9%e (Estimated value)
September 2023 8.0%e (Estimated value)
August 2023 7.7%e (Estimated value)
July 2023 7.6%e (Estimated value)

Flags: e Estimated value . A dash means no value was published.

In short

  • That is unchanged from September 2026.
  • Since December 2025, when it was 4.5%, the figure has changed by +1.4 percentage points.

Source and dates

Original producer
OECD, Consumer price indices
Distributed by
Organisation for Economic Co-operation and Development (OECD)
Dataset or series code
OECD.SDD.TPS,DSD_PRICES_COICOP2018@DF_PRICES_C2018_ALL,1.0 · dataset details · view at source
Selection
.M.N.CPI.PA._T.N.GY
Observation period
January 2000 to October 2026 for Iceland
Provider update
Not stated by the provider
Retrieved
11 November 2026
Published here
11 November 2026
Licence
CC BY 4.0
Attribution
Source: OECD Data Explorer, original data: OECD, Consumer price indices