Iceland’s consumer price index (CPI) accelerated in February 2026, with month-over-month inflation rising to 0.9%, up from 0.4% in January 2026. The latest data, updated on 26 February 2026, show that the pace of price growth more than doubled on a monthly basis.
The February figure reflects the change in prices compared with January 2026, while the previous 0.4% reading measured the change in January compared with December 2025. The sharper monthly increase suggests that inflationary pressures picked up at the start of the year, potentially signaling a shift in short-term price dynamics that markets and policymakers will be watching closely.
