Färöer Inseln Verbraucherpreise

The annual inflation rate in Faroe Islands eased to 0.7% in the second quarter of 2025 from 1.3% in the previous three-month period. It marked the lowest reading since the fourth quarter of 2020, as costs moderated for furnishings and household equipment (0.4% vs 3.0% in Q1) and recreation and culture (0.4% vs 0.5%). Additionally, prices continued to decline for clothing and footwear (-3.3% vs -2.7%), and transportation (-0.6% vs -0.1%). Prices also tumbled for housing & utilities (-4.9 vs 2.7%). In contrast, inflation increased for hotel and restaurants (7.2% vs 3.0%), communication (1.6% vs 1.1%), and food and non-alcoholic beverages (4.7% vs 4.6%). On a quarterly basis, consumer prices fell by 0.1%, reversing a 0.9% rise in the preceding quarter.