Iceland’s consumer price index (CPI) rose 0.6% month-over-month in March 2026, slowing from a 0.9% increase in February, according to the latest data updated on 26 March 2026. The figures indicate a moderation in the monthly pace of price growth compared with the previous period.
The March reading reflects a comparison of price changes from February to March 2026, while the February figure captured the shift from January to February. Although prices continue to rise on a monthly basis, the softer increase suggests some easing of short-term inflationary pressures in Iceland as the first quarter progresses.
