5. October 2020
The CPI based on September prices increased by 0.39% MoM, making headline inflation 3.5%.
The Minister of Finance and Economic Affairs introduced before Parliament the fiscal budget proposal for 2021 alongside the fiscal plan for 2021-2025.
Statistics Iceland expects a 7.6% contraction in GDP this year.
The CBI released its quarterly Economic Indicators report.
The GDM released its prospect for Q4.
On Tuesday, Icelandair Group will publish Traffic Data for September.
We expect the MPC to hold policy rates unchanged on Wednesday.
Markets 5 October 2020
Macro Overview 5 October 2020
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