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Icelandic Economic Weekly: Monday 26 August 2019

Last week's highlights

Dr. Ásgeir Jónsson took over as Governor of the Central Bank of Iceland.

The CBI released the results of its most recent survey of market agents’ expectations.

The Icelandic Chamber of Commerce published its yearly report on the Icelandic Economy.

Statistics Iceland published July numbers from the Icelandic Labour Force Survey.

The week ahead

We expect the MPC to lower policy rates by 0.25 percentage points on Wednesday.

Statistics Iceland releases the CPI for August on Thursday. We expect a 0.2% MoM increase (+3.1% YoY).

On Friday, Statistics Iceland publishes national accounts for Q2 as well as revised number for 2018.

A total of 9 companies on the Icelandic stock exchange are set to publish Q2 results: on Tuesday, Síminn and Skeljungur; on Wednesday, Eik, Festi and Sýn; on Thursday, Kvika, Eimskip, Heimavellir and Brim.

Markets 26 August 2019

Macro Overview 26 August 2019

Weekly bulletin - 02 June 2020 10:03 AM

Icelandic Economic Weekly: Tuesday 2 June 2020

The Icelandic economy contracted by 1.2% year-on-year in Q1. The CPI based on prices in May increased by 0.54% MoM, bringing the headline number to 2.6%. The trade balance and the current account balance were both slightly positive in Q1. The Treasury issued bonds in euros.


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Forsíða - 28 May 2020 04:41 PM

Landsbankinn lowers interest rates

Landsbankinn has recently established itself as the financial undertaking that offers the most competitive lending rates in Iceland. Since the Central Bank of Iceland embarked on the current rate-cutting programme, Landsbankinn has generally lowered lending rates more than deposit rates.


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Forsíða - 27 May 2020 12:10 PM

Bolungarvík outlet merges into Ísafjörður branch

Landsbankinn’s outlet in Bolungarvík will merge into the Ísafjörður branch on 1 July.


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