🇮🇸Iceland food inflation
Iceland's food inflation is 4.6% as of August 2026, from official Eurostat data. It rose from 4.4% the previous month. Over the period shown it has ranged from -3.2% to 11.5%. That is 3.5 percentage points above the euro-area average of 1.1% — the 1st of 30 European countries that report it.
Food inflation · Iceland
4.6%
vs prev
▲ 0.2 pp
Source: Eurostat (prc_hicp_minr) · data through August 2026 · released 2026-09-17 · modifications: none
Food inflation here is the HICP aggregate "food including alcohol and tobacco" — the component the ECB reports alongside energy, non-energy industrial goods and services. It covers more than the grocery basket.
See the full food inflation ranking across Europe →
Iceland food inflation — frequently asked questions
- What is Iceland's food inflation?
- Iceland's food inflation is 4.6% as of August 2026, from official Eurostat data.
- How does Iceland's food inflation compare with the euro area?
- It is the 1st-highest of 30 European countries that report it, against a euro-area average of 1.1%.
- Is Iceland's food inflation rising or falling?
- It rose from 4.4% to 4.6% in the latest reading (August 2026).