Inflation Falls to 5.1%, Marking Three-Year Low

Inflation Falls to 5.1%, Marking Three-Year Low

The annual inflation rate in October sits at 5.1%, with housing costs contributing less to inflation than before. The Central Bank, having recently initiated cautious rate cuts, will decide on further adjustments on November 20 ahead of the upcoming Parliamentary elections. Post-pandemic inflation The American writer Sam Ewing once noted that, “Inflation is when you […] The post Inflation Falls to 5.1%, Marking Three-Year Low appeared first on Iceland Review.

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