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Inflation is expected to be 6.3% in August

Broadcast United News Desk
Inflation is expected to be 6.3% in August

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The Landsbankinn economics department predicts that inflation will remain unchanged at 6.3% in August.

This appears in Hagja Bank’s.

It is estimated that the consumer price index rose by 0.36% month-on-month in August. Among them, housing projects had the greatest impact on the decline.

Additionally, sales of summer clothing and shoes typically partially recover in August, while foreign airfares fall.

The department expects inflation to subside in the coming months, falling to 5.4% in November.



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