Iceland­ic Eco­nom­ic Weekly: 17 May 2021

Last week’s highlights

• S&P Global Ratings affirmed its 'A/A-1' sovereign credit ratings on Iceland.
• The GDM released its monthly Market Information report.
• Registered unemployment was 10.4% in April, down from 11% in March.
• A total of 5,800 foreign visitors travelled through Keflavik International Airport in April, a 94.7% decrease YoY.

The week ahead

• On Tuesday, Registers Iceland will publish the housing price index for the capital region.
• We expect the MPC to hold policy rates unchanged on Wednesday.
• Concurrent with the interest rate decision, the CBI will publish its quarterly Monetary Bulletin.

Market and economic overview

Icelandic Economic Weekly 17 May 2021 (PDF)