Iceland’s consumer price inflation remained unchanged in February 2026, with the year-over-year Consumer Price Index (CPI) holding at 5.2%, the same rate recorded in January 2026. The latest data, updated on 26 February 2026, indicate that price pressures have neither intensified nor eased compared with the start of the year.
On a year-over-year basis, February’s figure reflects the same pace of change in consumer prices as January, meaning that inflationary dynamics have remained stable rather than accelerating or decelerating. The February reading compares prices in that month to those in February a year earlier, while the January figure compared prices to January of the previous year, underscoring that the annual rate has now been steady at 5.2% for two consecutive months.
The flat profile in the headline inflation rate may offer some short-term predictability for households and businesses, but it also suggests that inflation has yet to show clear signs of easing on an annual basis in early 2026.
