FX.co ★ Iceland’s Monthly Inflation Holds Steady at 0.4% in October

Iceland’s consumer price index (CPI) recorded a month-over-month increase of 0.4% in October 2026, unchanged from the 0.4% rise seen in September 2026. The latest data, updated on 29 October 2026, indicate that price pressures on a monthly basis have neither accelerated nor eased compared with the previous month.

On a month-over-month basis, the “Actual” October reading compares the change in prices from September to October, while the “Previous” figure reflects the change from August to September. With both months registering identical 0.4% gains, the data suggest a short-run stabilisation in Iceland’s inflation momentum as the economy moves through the autumn period.