News
Tuesday - 28 September 2010
No. 184/2010
Consumer price index in September 2010
The CPI based on prices in September is 362.6 points (May 1988=100), unchanged from the previous month. The CPI less housing cost is 344.9 points, also unchanged from August.
Summer sales have widely come to an end causing an increase in prices of clothing and footwear by 5.5% (effect on the index 0.35%). Cost for operation of personal transport equipment fell by 1.2% (-0.11%) and airfares for international flights decreased by 11.2% (-0.11%).
The CPI in September 2010 is 3.7% higher than in September 2009 while the CPI less housing cost is 4.9% higher than one year ago. Over the last three months, the CPI has decreased by 0.4%, equivalent to an annual deflation rate of 1.6% (also 1.6% deflation for the CPI less housing cost).
The CPI compiled in the middle of September 2010, 362.6 points, is applicable for indexation purposes in November 2010. The old credit terms index for November 2010 is 7,160 points.
| Consumer price index by economic categories 2010 | ||||
| Subindices March 1997=100 | Change in the last 12 months | |||
| Effect on the index | ||||
| August | September | % | ||
| Consumer Price Index | 203.2 | 203.2 | 3.7 | 3.7 |
| Thereof: | ||||
| Domestic goods and vegetables | 179.3 | 179.1 | 3.3 | 0.5 |
| Agricultural products | 162.6 | 162.4 | -0.5 | 0.0 |
| Domestic goods less agricultural products | 192.6 | 192.5 | 6.3 | 0.5 |
| Imported goods | 184.0 | 184.6 | 4.7 | 1.8 |
| Imported goods less, alcohol and tobacco | 177.4 | 178.1 | 4.5 | 1.5 |
| Groceries (perishable items) | 183.3 | 182.7 | 1.8 | 0.3 |
| The Icelandic consumer price index 2009-2010 | ||||||
| May 1988 = 100 | Annualized rates | |||||
| Monthly index | Monthly changes | Latest month | Latest 3 months | Latest 6 months | Latest 12 months | |
| 2009 | ||||||
| September | 349.6 | 0.8 | 9.8 | 6.1 | 9.2 | 10.8 |
| October | 353.6 | 1.1 | 14.6 | 10.2 | 10.8 | 9.7 |
| November | 356.2 | 0.7 | 9.2 | 11.2 | 9.9 | 8.6 |
| December | 357.9 | 0.5 | 5.9 | 9.8 | 7.9 | 7.5 |
| 2010 | ||||||
| January | 356.8 | -0.3 | -3.6 | 3.7 | 6.9 | 6.6 |
| February | 360.9 | 1.1 | 14.7 | 5.4 | 8.2 | 7.3 |
| March | 362.9 | 0.6 | 6.9 | 5.7 | 7.8 | 8.5 |
| April | 363.8 | 0.2 | 3.0 | 8.1 | 5.9 | 8.3 |
| May | 365.3 | 0.4 | 5.1 | 5.0 | 5.2 | 7.5 |
| June | 364.1 | -0.3 | -3.9 | 1.3 | 3.5 | 5.7 |
| July | 361.7 | -0.7 | -7.6 | -2.3 | 2.8 | 4.8 |
| August | 362.6 | 0.2 | 3.0 | -2.9 | 0.9 | 4.5 |
| September | 362.6 | 0.0 | 0.0 | -1.6 | -0.2 | 3.7 |
| Percentage changes, not seasonally adjusted. | ||||||