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Icelandic Economic Weekly: 7 September 2020

Last week's highlights

The Icelandic economy contracted by 9.3% year-on-year in Q2.

The current account surplus was ISK 7bn in Q2.

The ISK depreciated by 2.5% against the EUR in August.

Icelandair reached an Underwriting Agreement with Íslandsbanki and Landsbankinn.

Marel agreed to acquire German food cutting technology provider TREIF Maschinenbau GmbH.

The week ahead

Today, Icelandair will publish Traffic data for August.

On Wednesday, the CBI will release the minutes of the MPC's meeting on the policy rate decision August 26. The Government Debt Management Agency releases its monthly Market Information report.

On Thursday, the Icelandic Tourist Board will publish departures of foreign passengers from Keflavik International Airport for June.

Facts and figures

Markets 7 September 2020

Macro Overview 7 September 2020