21 February 2022 - Landsbankinn
On Friday, Statistics Iceland releases CPI numbers for February. We expect a 0.8% increase between months and inflation to increase from 5.7% to 5.8%.
Last week’s highlights
- The housing price index for the capital region increased by 1.7% MoM in December, bringing the YoY increase to 20.3%.
- Domestic payment card turnover increased by 10% year-on-year in real terms in January, with turnover in domestic retail outlets increasing by 1% and foreign retail sales by 84%.
- Landsvirkjun published financial results for 2021.
The week ahead
- On Wednesday, the CBI will release the minutes of the last meeting of the Monetary Policy Committee.
- On Friday, Statistics Iceland releases CPI numbers for February. We expect a 0.8% increase between months and inflation to increase from 5.7% to 5.8%.
Markets and Economic Overview
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