India, Aug. 28 -- Iceland's consumer price inflation slowed for a second month in a row in August to its lowest level in three months, preliminary data from Statistics Iceland showed on Thursday.

The consumer price index rose 3.8 percent year-on-year after a 4.0 percent increase in July. The inflation rate was the lowest since May, when it was at the same level.

Utility costs were 6.4 percent higher from a year ago and continued to log the biggest increase among the main CPI components. Prices of food and non-alcoholic beverages rose 5.5 percent.

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Prices in the furnishing and household equipment group decreased 0.7 percent and those in the hotels, cafe a...