Iceland Posts Lowest Inflation Rate in 4 Years

The annual inflation rate in Iceland eased to 4.2% in February 2025 from 4.6% in the previous month.This marked the lowest inflation rate since February 2021, mainly due to softer price increases for housing & utilities (8.6% vs 9.5% in January) and recreation & culture (2.9% vs 3.4%).Deflation was…

The annual inflation rate in Iceland eased to 4.2% in February 2025 from 4.6% in the previous month.This marked the lowest inflation rate since February 2021, mainly due to softer price increases for housing & utilities (8.6% vs 9.5% in January) and recreation & culture (2.9% vs 3.4%).Deflation was… 

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