News and notifications

- Hagsjá/Economic Forecast

0.14% increase in the CPI

The consumer price index (CPI) rose by 0.14% between months in September, bringing the annual inflation rate down to 1.4% (was 1.7% in August). The CPI less housing decreased by 0.21% MoM and by that measurement, deflation measures 3.1%.

0.14% increase in the CPI

Vikubyrjun/Weekly bulletin - 19 March 2018 12:53 PM

Icelandic Economic Weekly: Monday 19 March 2018

The Monetary Policy Committee held policy rates unchanged, in line with our expectations. Concurrent with the interest rate decision, Governor Már Guðmundsson gave a statement on the special reserve requirement on capital inflows. The CBI released updated data on foreign direct investment.


News and Notifications - 13 March 2018 12:49 PM

Economic growth continues to slow down, but was still robust last year

According to preliminary figures from Statistics Iceland, economic growth measured 3.6% in 2017 following on the heels of 7.5% growth in 2016. There is a considerable slow-down between years, with economic growth in 2017 more in line with Iceland’s long-term potential output.


Vikubyrjun/Weekly bulletin - 12 March 2018 10:42 AM

Icelandic Economic Weekly: Monday 12 March 2018

GDP increased by 1.5% YoY in Q4 2017 and 3.6% for the FY 2017. Landsvirkjun issued an USD 200m green bond. We expect the Monetary Policy Committee to hold policy rates unchanged on Wednesday.