5 October 2020
Last week's highlights
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.
The week ahead
On Tuesday, Icelandair Group will publish Traffic Data for September.
We expect the MPC to hold policy rates unchanged on Wednesday.
Facts and figures
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12 Nov. 2024
S&P Global Ratings has today affirmed Landsbankinn’s credit rating and revised the outlook from stable to positive. The Bank’s credit rating is now BBB+/A-2 with positive outlook.
11 Nov. 2024
Today, 11 November, 60 years have passed from the founding of scholarship fund Háskólasjóður hf. Eimskipafélags Íslands. The Fund was created in memory of Icelandic emigrants to the USA and Canada who participated in the establishment of shipping company Eimskipafélagið.
11 Nov. 2024
The monthly newsletter from Landsbankinn Economic Research is now also available in English. The newsletter provides an in-depth analysis of all main facets of the economy, the development of statistics and indicators in the previous month and a forward-looking economic prognosis. This publication is a fantastic insight and aid to understanding of the Icelandic economy.
8 Nov. 2024
Landsbankinn’s web chat is now available in our app and offers a direct channel to the Customer Service Centre and our chatbot. This is one of many new features in the app which is under constant development.
29 Oct. 2024
Over the coming weeks, Landsbankinn will host a number of Financial Forums around Iceland, focusing on pension and cyber security issues. In this series, we plan to visit Reykjanesbær, Akureyri, Selfoss and Reyðarfjörður.
28 Oct. 2024
We regularly advertise special offers for customers, in collaboration with our partners. In some cases, customers may not receive information about such offers or benefits because they have declined to receive notifications from the Bank. It’s easy to change this choice in Landsbankinn’s app or online banking.
18 Oct. 2024
Due to maintenance, credit assessment will not be available in the Landsbankinn app and online banking from 17:00 on Friday 18 October until 10:00 on Saturday 19 October.
15 Oct. 2024
Landsbankinn Economic Research forecasts a near status quo in the economy between years and a 0.1% contraction in GDP in 2024.
4 Oct. 2024
Landsbankinn announce changes to deposit and lending rates effective as of Wednesday 9 October 2024. The main changes are as follows: