Inflation reaches two-year high at 5.6 percent

Inflation in Iceland rose to 5.6 percent over the past 12 months, its highest level in two years, according to mbl.is, citing Statistics Iceland. The rate was 5.3 percent the previous month. Both Íslandsbanki and Landsbankinn had forecast an increase in inflation in August. Íslandsbanki forecast a rate of 5.6 percent, while Landsbankinn predicted 5.5 […] The post Inflation reaches two-year high at…