Iceland­ic Eco­nom­ic Weekly: 26 April 2021

Last week’s highlights

• The IMF realised Staff Concluding Statement of its recent Article IV Mission.
• The government introduced stricter border measures.
• The housing price index for the capital region increased by 1.6% MoM in February, bringing the YoY increase to 8.9%.
• Statistics Iceland released its monthly Tourism short-term indicators.

The week ahead

• On Thursday, Statistics Iceland will release CPI numbers for April. We expect a 0.27% increase between months and the headline inflation to decrease from 4.3% to 4.1%.
• Marel (Wednesday) and Icelandair Group (Thursday) publish Q1 earnings.

Market and economic overview

Icelandic Economic Weekly 26 April 2021 (PDF)