Iceland Inflation Climbs to 5.3% in July

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 [...]…

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