15 August 2022 - Landsbankinn
Around 234,000 foreign passengers departed Iceland via Keflavík International Airport in July, departures in July increased about 1.3% compared to July 2019.
Last week’s highlights
- The CBI released the real effective exchange rate based on July prices.
- The Icelandic Tourist Board published departures from Keflavík International Airport for July.
- The unemployment rate decreased to 3.2% in July, down from 3.3% in June.
- Government Debt Management published its monthly market information report.
- Skeljungur published Q2 earnings.
The week ahead
- On Tuesday, Registers Iceland will release the capital area housing price index for July and the CBI releases payment intermediation data.
- On Thursday, Eimskip, Kvika Bank, Síldarvinnslan and VÍS will publish Q2 earnings.
Markets and Economic Overview
You may also be interested in
9 April 2025
Landsbankinn Economic Research forecasts 1.4% economic growth this year and 2.1% next year. The economy has cooled down following a robust period of growth in the years after the pandemic and we now anticipate a slow start.
1 April 2025
Monthly statistics analysis and an overview of current economic affairs in Iceland.
3 March 2025
Monthly statistics analysis and an overview of current economic affairs in Iceland.
3 Feb. 2025
Monthly statistics analysis and an overview of current economic affairs in Iceland.
7 Jan. 2025
Monthly statistics analysis and an overview of current economic affairs in Iceland.
3 Dec. 2024
Monthly statistics analysis and an overview of current economic affairs in Iceland.
6 Nov. 2024
Monthly statistics analysis and an overview of current economic affairs in Iceland.
21 Oct. 2024
Last week, we published an economic forecast to the year 2027. The housing price and rental price indexes decreased more between months in September and household payment card turnover contracted between years domestically while rising abroad. The Central Bank of Iceland (CBI) published the minutes of the Monetary Policy Committee (MPC) meeting, which shows that all Committee members agreed to lower the policy rate. Several companies publish financial results this week.
15 Oct. 2024
Landsbankinn Economic Research forecasts a status quo in the economy between years and a 0.1% contraction in GDP. Setbacks affected the export sector in the first half of the year, with capelin catch failure and slower growth in the travel sector causing a contraction. This has been compounded by the cooling impact of high interest rates on demand, which nevertheless remains strong.