02.09.2019 08:34

Icelandic Economic Weekly: Monday 2 September 2019

Last week's highlights

The MPC lowered policy rates by 0.25 percentage points.

Concurrent with the policy rate decision, the CBI released its quarterly Monetary Bulletin.

GDP increased by 1.4% YoY in Q2.

The CPI increased by 0.28% MoM in August, bringing the headline number to 3.2%.

The surplus of trade in goods and services in Q2 was ISK 9.4bn.

The surplus of trade in services in Q2 was ISK 52.1bn.

The week ahead

Today the CBI will publish the balance of payments, international investment position and external debt for Q2.

On Wednesday, the Icelandic Tourist Board will publish departures of foreign passengers from Iceland through Keflavík International Airport for August.

Markets 2 September 2019

Macro Overview 2 September 2019


1 2 3 4 5 


The contents published here were produced by employees of Landsbankinn Economic Research and are based on information available to the public when the analysis was compiled. Assessment of this information reflects the views of Economic Research’s employees on the analysis date, which may change without notice. | Full disclaimer

Sign up for Landsbankinn Economic Research mailing list

Economic Data

Economic Forecast
for 2019-2022

Moderate economic growth in coming years