31. May 2018 - News and Notifications
The pace of economic growth in Iceland will slow alongside an adjustment period in the travel industry. Even so, conditions do not necessitate an adjustment or landing of the economy. The inflation outlook for coming years is good, the ISK exchange rate looks to be stable and despite of some boom indications in private consumption, its growth remains within reason. Various uncertainty factors may, however, have a significant impact. These are among the highlights of the macroeconomic and inflation forecast of Landsbankinn Economic Research, looking forward until the year 2020.
Landsbankinn Economic Research publishes an in-depth macroeconomic and inflation forecast for the coming three years in fall and reviews its forecast in May of each year. The reviewed forecast states that economic conditions in Iceland are in most respects very good. Economic growth has been strong and inflation low. The general inflation outlook is positive, with tension likely to subside as economic activity increasingly trends towards long-term sustainability. Household, corporate and sovereign debt, as well as the indebtedness of the entire national economy, is currently at optimal levels despite considerable economic expansion in recent years.
Read Landsbankinn’s macroeconomic and inflation forecast on Umræðan (in Icelandic)
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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