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Icelandic Economic Weekly: Monday 25 February 2019

Last week's highlights

The Central Bank released the minutes of the last meeting of the Monetary Policy Committee.

The housing price index for the capital region increased by 0.4% between months in December, bringing the y/y change to 5.2%.

Statistics Iceland expects 1.7% GDP growth 2019.

Bloomberg published a news report regarding the number of empty flats in Reykjavík.

Arion bank issued subordinated bonds in EUR.

The week ahead

On Wednesday, Statistics Iceland will release CPI numbers for February. We expect a 0.6% increase between months and the headline inflation to be unchanged at 3.3% y/y.

On Friday, Statistics Iceland will publish national accounts for 2018.

Markets 25 February 2019

Macro Overview 25 February 2019