Inflation Is Moving Upwards
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Inflation is now 4.2%, up 0.4 percentage points month-on-month. Statistics Iceland published the updated consumer price index this morning. It now stands at 656.5 points, up 0.84% from the previous month. The consumer price index excluding housing is 526.8 points, up 0.90%. The main factors that affected the index in June were the cost of living in one's own home, which rose by 0.7%, the price of international airfares, which rose by 12.7%, and …
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