News and notifications

- Vikubyrjun/Weekly bulletin

Icelandic Economic Weekly: Monday 5 March 2018

Last week's highlights

The CPI increased by 0.6% MoM roughly in line with our expectations.

The trade in services surplus was ISK 53bn. in Q4 2017, ISK 173bn. FY 2017

The current account surplus was ISK 2,8bn in Q4 2017, ISK 272bn FY 2017.

The week ahead

Of Friday Statistics Iceland will release preliminary national accounts for FY 2017.

Markets 5 March 2018

Macro Overview 5 March 2018


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.