News and notifications

- Vikubyrjun/Weekly bulletin

Icelandic Economic Weekly: Monday 4 December 2017

Last week's highlights

The service account was positive by ISK 118bn in Q3.

The total balance of trade in service and goods was ISK 70bn in Q3.

At its last meeting, all members of the MPC voted in favour of the Governor’s proposal to hold rates unchanged.

The week ahead

Later today, the CBI will release balance of payment and the international investment position for 3Q.

On Friday, Statistics Iceland will release national accounts for Q3.


Iceland forms left-right coalition government (FT)

Iceland's New Prime Minister Needs to Tackle Extreme Wage Growth (Bloomberg)

Iceland’s New Leaders Gear Up for Spending Drive (Bloomberg)

Iceland’s New Prime Minister Is an Expert on Crime Thrillers (NYTimes)

Left Green leader made head of Iceland’s new government (Washington Post)

Markets 4 December 2017

Macro Overview 4 December 2017


News and Notifications - 09 July 2018 10:25 AM

Icelandic Economic Weekly: Monday 9 July 2018

According to preliminary figures the deficit on trade in goods was ISK 20.9bn. The CBI released its quarterly Economic Indicators.


Vikubyrjun/Weekly bulletin - 02 July 2018 11:52 AM

Icelandic Economic Weekly: Monday 2 July 2018

The CPI based on prices in mid-June rose 0.62% MoM, well above expectations. The CBI released the minutes of the last meeting of the MPC.


Hagsjá/Economic Forecast - 27 June 2018 01:13 PM

Overview of the Icelandic FX market

After floating between 121-125 for most of this year, the EUR/ISK rate rose temporarily above 125 a week ago. At closing yesterday a EUR cost ISK 124.9. FX market turnover in May was only ISK 7.4 billion, compared to ISK 30.3 billion in the same month last year. Turnover during the first 5 months of this year has fallen by 80% YoY.