Iceland Inflation Steady In June

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Iceland’s consumer price inflation remained stable in June, figures from Statistics Iceland showed on Friday.

The consumer price index rose 2.6 percent year-on-year in June, the same rate as seen in May. In April, inflation was 2.2 percent.

Excluding housing cost, inflation was 2.7 percent in June.

On a monthly basis, consumer prices rose 0.4 percent in June, following a 0.5 percent increase in the previous month.

Owner occupied housing cost rose 0.4 percent monthly in June, and prices for food and drinks increased 1.0 percent.

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