Iceland's annual inflation hits 13-year high in July

ISTANBUL

Iceland's annual inflation rate rose to 9.9% in July, hitting the highest level since September 2009, official figures showed on Friday.

The country's annual inflation was 10.8% in September 2009.

The monthly inflation in Iceland was 1.17% in July.

The annual inflation was 8.8% in June, while it was 4.3% in July 2021.