Veritabus forecasts inflation will fall from 9.7% to 9.2%

  • Summary

The Consumer Price Index for the last 12 months falls from 9.7% to 9.3% according to Veritabus's estimate. The uncertainty is 0.2 percentage points. Veritabus believes that Statistics Iceland will measure 9.2% inflation for the same period, and the difference is due to the differing timings of the measurements. Statistics Iceland publishes its figures on 28 September.

  • Sub-indices of the index

The assessment of Veritabus is based on the following:

Food, housing and fuel have risen more than most other items over the past 12 months. There was no increase in food prices in September, according to. ASÍ price survey in September and fuel prices have also fallen. The housing market continues to calm down. In general, small changes seem to have taken place over the past month.

Food, housing and fuel have risen more than most other items over the past 12 months. There was no increase in food prices in September, according to. ASÍ price survey in September and fuel prices have also fallen. The housing market continues to calm down. In general, small changes seem to have taken place over the past month.

The figure shows the development of the significant components of the index over the past 12 months:

  • About Veritabus

Veritabus is a sister company of Arev Securities.

Veritabus uses its own price surveys and official data to assess inflation.

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