The real exchange rate of the Icelandic króna in March 2019 decreased by 9.8% YoY. Icelandair published traffic data for March. The Government Debt Management Agency published its monthly Market Information report.

The consumer price index increased by 0.52% MoM in March. The headline number decreased from 3.0% to 2.9%. WOW air stopped operating. There was a 1% increase in overnight stays last year. The CBI released its Annual Report. The CBI published an English translation of its Governor’s speech and the Chairman of the Supervisory Board’s address to the annual general meeting. The CBI released its quarterly Economic Indicators.

The MPC held policy rates unchanged on Wednesday. Statistics Iceland released final data on R&D expenditures in 2017. S&P revised Landsvirkjun’s rating outlook from stable to positive. The Icelandic population grew by 2.4% last year.

The government surplus was 1.1% of GDP in 2018. Orkuveita Reykjavikur (OR; Reykjavík Energy) published its consolidated financial statements for 2018. The Government Debt Management Agency published its monthly Market Information report.

The current account surplus was ISK 81.5 bn last year. Capital controls on holders of offshore krónur have been completely abolished. The special reserve requirement on capital controls has been lowered from 20% to 0%. There was a trade deficit of ISK 15.3 bn in February.