Iceland Inflation Rises In December

Iceland’s consumer price inflation rose in December after easing in the previous month, figures from Statistics Iceland showed on Tuesday.

The consumer price index rose 3.6 percent year-on-year in December, after a 3.5 percent increase in November. A similar rate of inflation was seen in October.

Excluding housing cost, inflation was 4.0 percent in December.

On a monthly basis, consumer prices rose 0.2 percent in December, following a 0.04 percent increase in the previous month.

Prices for owner occupied housing grew by 0.4 percent in December.

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