Icelandic Economic Weekly: 30 May 2022

Since January 2020, rental prices have risen by only 6.5% while the purchase price of apartments has risen by 38.1% over the same period, according to data from Registers Iceland.
30 May 2022 - Landsbankinn

Last week’s highlights

Statistics Iceland released the monthly wage index for April 2022, which increased by 1.6% MoM.

Brim, PLAY and Síldarvinnslan published Q1 earnings.

Statistics Iceland published the results of its monthly labour force survey and Q1 trade in goods and services numbers.

S&P Global Ratings raises Arion Bank and Landsbankinn's covered bond rating to A.

The week ahead

On Monday, Statistics Iceland will release CPI numbers for May and, on Tuesday, national accounts for Q1.

On Wednesday, the CBI will release balance of payments and external position for Q1.

On Thursday, the Icelandic Tourist Board and Statistics Iceland will publish the Visitor Survey for 2021.

Markets and Economic Overview

Icelandic Economic Weekly 30 May 2022 (PDF)

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