In Iceland, the Consumer Price Index (CPI) increased steadily since **, showing increased inflation in the country. Using figures from 1988 as a baseline, the index was at in **, before it increased over the next three years. Especially 2022 saw a significant increase in the CPI as a result of the COVID-19 pandemic and the Russian war in Ukraine. In December that year, the CPI reached .
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Statistics Iceland. (December 22, 2022). Consumer Price Index (CPI) in Iceland from January 2020 to December 2022 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/1290218/iceland-consumer-price-index/
Statistics Iceland. "Consumer Price Index (CPI) in Iceland from January 2020 to December 2022." Chart. December 22, 2022. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/1290218/iceland-consumer-price-index/
Statistics Iceland. (2022). Consumer Price Index (CPI) in Iceland from January 2020 to December 2022. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/1290218/iceland-consumer-price-index/
Statistics Iceland. "Consumer Price Index (Cpi) in Iceland from January 2020 to December 2022." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Dec 2022, /statistics/1290218/iceland-consumer-price-index/
Statistics Iceland, Consumer Price Index (CPI) in Iceland from January 2020 to December 2022 ÌÇÐÄÆƽâ°æ, /statistics/1290218/iceland-consumer-price-index/ (last visited July 21, 2026)
Consumer Price Index (CPI) in Iceland from January 2020 to December 2022 [Graph], Statistics Iceland, December 22, 2022. [Online]. Available: /statistics/1290218/iceland-consumer-price-index/
