Faroe Islands Inflation Rate

Last Release

Sep 30, 2025

Actual

1.1

Units In

0.7

Frequency

Quarterly

Next Release

Dec 22, 2025

Time to Release

2 Months 25 Days 16 Hours

Highest	Lowest	Average	Date Range	Source
10.1 Dec 2022	-3.1 Sep 2009	1.55 %	2002-2025	Statistics Faroe Islands

In Faroe Islands, the most important categories in the consumer price index are food and non-alcoholic beverages (20 percent of total weight), housing and utilities (18 percent), transport (14 percent), and recreation and culture (11 percent). Miscellaneous goods and services account for 8 percent; furnishing and household equipment for 8 percent; and clothing and footwear for 6 percent. The index also includes: communication (5 percent); alcoholic beverages and tobacco (5 percent); restaurants and hotels (3 percent); and health (2 percent).

Latest Updates

The annual inflation rate in Faroe Islands rose to 1.1% in the third quarter of 2025 from an over four-year low of 0.7% in the previous three-month period. Upward pressure mainly came from faster price increases in recreation & culture (4.9% vs 0.4% in Q2), a rebound in transport costs (0.5% vs -0.6%), and an easing decline in clothing and footwear prices (-1.7% vs -3.3%). In contrast, inflation slowed for restaurants and hotels (5.6% vs 7.2%), communication (0.9% vs 1.6%), alcoholic beverages and tobacco (4.7% vs 4.9%), and food and non-alcoholic beverages (4.6% vs 4.7%). On a quarterly basis, consumer prices increased by 0.2% in Q3, recovering from a 0.1% drop in the prior quarter.