Iceland’s consumer price inflation rose in December after easing in the previous month, figures from Statistics Iceland showed on Tuesday.

The consumer price index rose 3.6 percent year-on-year in December, after a 3.5 percent increase in November. A similar rate of inflation was seen in October.

Excluding housing cost, inflation was 4.0 percent in December.

On a monthly basis, consumer prices rose 0.2 percent in December, following a 0.04 percent increase in the previous month.

Prices for owner occupied housing grew by 0.4 percent in December.

The material has been provided by InstaForex Company – www.instaforex.com

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