Mnemonic | CPI.IISL | |
---|---|---|
Unit | Index May1988=100, NSA | |
Adjustments | Not Seasonally Adjusted | |
Monthly | 0.8 % | |
Data | Mar 2024 | 620.3 |
Feb 2024 | 615.4 |
Source | Statistics Iceland |
Release | Consumer price index (CPI) |
Frequency | Monthly |
Start Date | 5/31/1988 |
End Date | 3/31/2024 |
For Iceland, a consumer price index (CPI), monthly from 1998.
Active:
Global concept alias:
According to the Act on the Consumer Price Index, Statistics Iceland shall establish the index basket on the basis of a household expenditure survey and other available sources and decide on the methodology for compiling the CPI. The methods applied by Statistics Iceland are based on international recommendations and instructions and are fully harmonized with methods from EU regulations. Since 1992, Statistics Iceland has participated in comprehensive international cooperation together with world leading index experts ensuring that the compilation of the CPI is in accordance with recommended methodology.
The household expenditure survey of Statistics Iceland is the main instrument for establishing the base of the CPI. Since the beginning of the year 2000, the household expenditure survey has been continuous, i.e. it has been ongoing every year throughout the whole year. The base of the CPI is renewed every year. The base measures the consumption of people living in Iceland, contrary to consumption of tourists which is excluded.
Hagstofa Íslands (Statistics Iceland) uses two language-centric domain names, hagstofa.is and statice.is, respectively.
Data at the source:
At IMF (SDDS):