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Wednesday, the Statistics Iceland announced that the consumer price index climbed 9.7% year-on-year in October, weaker than a 10.8% increase in the previous month. This is the slowest pace of rise in prices since a 8.7% increase in March last year. The CPI less housing climbed 13.5%.
Month-on-month, consumer prices were up 1.14% in October, faster than a 0.8% increase in September. Consumer prices less housing was up 1.09%.
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