News and notifications

- Weekly bulletin

Icelandic Economic Weekly: Monday 16 March 2020

Last week's highlights

The MPC lowered the Bank’s interest rates by 0.50 percentage points to mitigate economic impact of COVID-19 virus. The committee also decided to lower reserve requirements on deposit institutions to ease the liquidity position of the banking system.

The number of foreign passenger from Iceland via Keflavik airport decreased by 11% YoY in February.

Registered unemployment was 5.0% in Febuary, a YoY increase of 1.9 percentage points.

The Government Debt Management Agency published its monthly Market Information report.

The week ahead

On Tuesday, Registers Iceland will publish the housing price index for the capital region.

Facts and figures

Markets 16 March 2020

Macro Overview 16 March 2020