Last week’s highlights
- The housing price index for the capital region increased by 0.6% MoM in December, bringing the YoY increase to 7.7%.
- Arion Bank released preliminary financial results for Q4.
The week ahead
- On Tuesday, Statistics Iceland will release CPI numbers for December. We expect a 0.42% decrease between months, due to seasonal sales, and for headline inflation to increase from 3.6% to 3.9%.
- On Wednesday, the CBI will release the results of its quarterly survey of market expectations.