Official data · Eurostat HICP

What is getting more expensive?

Price changes over the past year in Iceland, September 2026, across 89 categories of household spending.

Country

All items

+5.4%

over a year

Food, alcohol & tobacco

+4.1%

over a year

Energy

−4.2%

over a year

Services

+8.9%

over a year

Goods excl. energy & food

+2.4%

over a year

Rising fastest

Items with the largest price increases, Iceland
Item	Change over a year	Weight
Other services related to personal transport equipment	+43.2%	2.7%
Passenger transport by air	+30.8%	2.8%
Unrecorded recording media	+26.9%	0.1%
Tertiary education	+15.3%	0.6%
Diagnostic imaging services and medical laboratory services	+15.1%	0.2%
Fish and other seafood	+13.2%	1.0%
Jewellery and watches	+12.6%	0.3%
Other outpatient care services	+11.9%	1.2%
Other services	+11.7%	0.5%
Other energy for heating and cooling	+10.7%	1.9%

Rising slowest or falling

Items with the smallest price increases or falls, Iceland
Item	Change over a year	Weight
Fuels and lubricants for personal transport equipment	−12.6%	4.2%
Water	−4.7%	0.2%
Shoes and other footwear	−4.6%	0.7%
Sporting, camping and open-air recreation equipment	−2.8%	1.1%
Major electric and other household appliances	−2.2%	0.7%
Equipment for the reception, recording and reproduction of sound and vision	−2.2%	0.2%
Books	−2.2%	0.5%
Garden products, plants and flowers	−1.9%	0.5%
Other personal effects n.e.c.	−1.7%	0.1%
Motorized tools and equipment	−1.2%	0.1%

Source: Eurostat HICP, annual rate of change by ECOICOP class (prc_hicp_minr) and item weights for 2026 (prc_hicp_iw). Weight = share of the average household's spending. Categories under 0.1% of spending are left out so that tiny items with volatile prices do not crowd the lists. Red: prices up; blue: prices down.