PERSPECTA

News from every angle

iceland-review

Iceland Inflation Climbs to 5.3% in July

By Michael Chapman

Inflation in Iceland edged higher in July, remaining well above the Central Bank’s target and increasing the likelihood that recently negotiated wage agreements could come under renewed scrutiny later this summer. Statistics Iceland measured 12-month inflation at 5.3% in July, up from 5.2% in June. Inflation excluding housing stood at 4.8%. Inflation has remained above [...]… The post Iceland Inflation Climbs to 5.3% in July appeared first on Iceland Review.