Research

29.07.2019 08:15

Icelandic Economic Weekly: Monday 29 July 2019

Last week's highlights

The CPI fell by 0.21% MoM, lowering headline inflation to 3.1%.

S&P Ratings revised to negative from stable its outlooks on Arion bank, Íslandsbanki, Landsbankinn and the Housing Financing Fund. At the same time, S&P affirmed the 'BBB' issuer credit ratings on Arion Bank, Íslandsbanki, and Landsbankinn, and the 'BB+' ratings on HFF

Dr Ásgeir Jónsson was appointed Governor of the CBI.

Marel and Landsbankinn published 6M results.

The week ahead

Íslandsbanki (Wednesday) and Icelandair Group (Thursday) will publish 6M results.

Markets 29 July 2019

Macro Overview 29 July 2019

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Icelandic Economic Weekly: Monday 2 September 2019

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.

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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

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