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- Weekly bulletin

Icelandic Economic Weekly: Monday 4 November 2019

Last week’s highlights

We expect moderate economic growth in coming years.

Arion Bank, Íslandsbanki and Icelandair published 9M results.

The CPI increased by 0.36% MoM in October, bringing the headline number to 2.8%.

Statistics Iceland released an economic forecast.

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

The week ahead

We expect the MPC to hold policy rates unchanged on Wednesday. Concurrent with the policy rate decision, the CBI will release its quarterly Monetary Bulletin.

Also on Wednesday, the Icelandic Tourist Board will publish departures of foreign passengers from Keflavík International Airport and Icelandair will release traffic data (both for October).

Facts and figures

Markets 4 November 2019

Macro Overview 4 November 2019


News and Notifications - 15 November 2019 08:21 AM

Landsbankinn changes interest rates

Fixed rates on non-indexed 36-month housing loans decrease by 0.20 percentage points (pp) and fixed rates on non-indexed 60-month housing loans remain unchanged. Variable rates on non-indexed housing loans decrease by 0.15 pp and other variable rates on non-indexed loans decrease by 0.10-0.25 pp in general.


News and Notifications - 06 November 2019 09:24 AM

Payment with Garmin Pay and Fitbit Pay

Landsbankinn card holders can now link their payment cards to Garmin Pay and Fitbit Pay. Garmin and Fitbit watches that incorporate near field communication technology (NFC chips) can be used to pay in all contactless card readers throughout the world.


Weekly bulletin - 11 November 2019 08:58 AM

Icelandic Economic Weekly: Monday 11 November 2019

The MPC lowered policy rates by 0.25 percentage points. Concurrent with the policy rate decision, the CBI released its quarterly Monetary Bulletin. Moody's upgraded Iceland's sovereign credit ratings. The ISK depreciated slightly in October. Icelandair released traffic data for October. The population of Iceland increased slightly in Q3.