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Financial News: Iceland Inflation Slows In November

Iceland Inflation Slows In November

11/27/2020 - 07:20:00 (RTTNews)

(RTTNews) - Iceland's consumer price inflation eased in November after rising in the previous month, figures from Statistics Iceland showed on Friday.

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

Excluding housing cost, inflation was 4.2 percent in November.

On a monthly basis, consumer prices rose 0.04 percent in November, following a 0.43 percent increase in the previous month.

Prices for furnishing, household equipment grew by 1.1 percent in November.

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