GDP increased by 0.2% in real terms YoY in the first three quarters of 2019. The CPI increased by 0.13% MoM in November, bringing the headline number to 2.8%.

The CBI released the minutes of the last meeting of the Monetary Policy Committee. Fitch Ratings affirmed Iceland’s sovereign rating. The Iceland Tourist Board published its monthly Tourism in figures report. Statistics Iceland published the results of the Icelandic Labour Force Survey for Q3. Statistics Iceland published population projections for 2019–2068.

IMF issued a Staff Concluding Statement for the 2019 Article IV Mission to Iceland. The number of foreign passenger from Iceland via Keflavik airport decreased by 18.4% YoY in October. Moody’s upgraded Landsvirkjun's credit rating. The Government Debt Management Agency published its monthly Market Information report.

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.

The ISK depreciated slightly in October. At the end of the month, the euro stood at ISK 138.0, compared with 135.0 at the end of September. Turnover in the interbank foreign exchange market decreased MoM in October.