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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 - 10 December 2019 10:40 AM

Landsbankinn commits to the FX Global Code

Landsbankinn has signed a Statement of Commitment to the FX Global Code, a set of principles of good practice for foreign exchange. The Code is intended to foster trust, fairness and appropriate transparency in the FX market.


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Weekly bulletin - 09 December 2019 10:08 AM

Icelandic Economic Weekly: Monday 9 December 2019

The CBI published the balance of payments and net external position for Q3. The ISK appreciated somewhat in November.


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Economic Forecast - 06 December 2019 01:37 PM

Overview of the Icelandic FX market

The ISK appreciated somewhat in November. At the end of the month, the euro stood at ISK 133.6, compared with 138.0 at the end of October. Turnover in the interbank foreign exchange market increased slightly MoM in November.


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