News

Icelandic Economic Weekly: 23 No­v­em­ber 2020

Last week's highlights and the week ahead.
23. November 2020

Last week's highlights

The MPC of the CBI lowered the Bank’s interest rates by 0.25 pp.

Concurrent with the policy rate decision, the CBI released its quarterly Monetary Bulletin.

The Icelandic Tourist Board released its monthly Tourism in Figures report.

The housing price index for the capital region increased by 0.9% MoM, bringing the YoY change to 6.0%.

The week ahead

On Thursday, Statistics Iceland will release preliminary figures for trade in goods and services in Q3 2020.

On Friday, Statistics Iceland will release CPI numbers for November. We expect a 0.37% increase between months and for the headline inflation to increase from 3.6% to 3.8%.

Facts and figures

Markets 23 November 2020

Macro Overview 23 November 2020

Þú gætir einnig haft áhuga á
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18 Jan 2021

Icelandic Economic Weekly: 18 January 2021

The CBI published a report on the foreign exchange market, exchange rate developments, and international reserves in 2020. The Government Debt Management Agency published its monthly Market Information report. S&P Global Ratings issued a credit rating for Landsbankinn’s covered bonds. Registered unemployment was 12.1% in December, 1.4 pp of that figure due to part-time claims.
11 Jan 2021

We reopen branches - please continue to make appointments

We will reopen Landsbankinn's branches as soon as changes to restrictions on gatherings enter into force on Wednesday, 13 January. Please continue to make appointments to visit us to help us uphold 2-metre distance and ensure that we respect the 20 persons rule.
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11 Jan 2021

Icelandic Economic Weekly: 11 January 2021

The CPI based on prices in December increased by 0.20% MoM, bringing the headline number to 3.6%. The CBI released its quarterly Economic Indicators report. The GDM released an annual prospect for 2021, quarterly prospect for Q1 2021, and a Medium-Term Debt Management Strategy for the period 2021-2025. The CBI will continue its regular programme of foreign currency sales in January. Icelandair released traffic data for December.
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8 Jan 2021

The Icelandic króna depreciated in 2020

The Icelandic króna depreciated somewhat against the currencies of main trading countries last year. The euro was 14.9% dearer at year-end 2020 than at the beginning of the year, the US dollar 5.0% and the British pound 8.9% dearer.
16 Dec 2020

Our service in December - we find solutions

Due to restrictions on gatherings, banking now primarily takes place over the phone, the Internet and appointments, as traditional service in branches is temporarily suspended. Landsbankinn gift cards can be ordered on landsbankinn.is and picked up at a branch.
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14 Dec 2020

Icelandic Economic Weekly: 14 December 2020

Last week's highlights and the week ahead.
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10 Dec 2020

Landsbankinn sells 12.1% shareholding in Stoðir

Landsbankinn has sold its shareholding in Stoðir hf. in an open sale process. The deadline to submit offers expired at 17:00 on Tuesday, 8 December.
10 Dec 2020

Applications for Klassi recreation grants open until 15 December

Members of Klassi can now apply for a recreation grant to support participation in recreational activities.
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7 Dec 2020

Icelandic Economic Weekly: 7 December 2020

Last week's highlights and the week ahead.
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4 Dec 2020

Overview of the Icelandic FX market

The EUR fell by 3.2% and the USD 5.6% against the ISK in November.
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