A higher than expected figure should be seen as positive (bullish) for the ISK while a lower than expected figure should be seen as negative (bearish) for the ISK.
Source:
Statistics Iceland
Category: 
Consumer Price Index CPI
Units:
Points
Latest Release
Previous:
588.3
Consensus:
591.2
Actual:
590.6
Next Release
Date:
Jun 28, 09:00
Time left:
20 days
Consensus:
582.7
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