4 April 2022 - Landsbankinn
The CPI based on prices in March increased by 0.94% between months, bringing the headline number to 6.7%, up from 6.2% in February. Inflation has not been higher in Iceland since May 2010.
Last week’s highlights
- The CPI based on prices in March increased by 0.94% between months, bringing the headline number to 6.7%, up from 6.2% in February. This was close to our forecast of a 1.0% increase between months. Inflation has not been higher in Iceland since May 2010.
- The government unveiled its fiscal plan for 2023-2027.
- Statistics Iceland published an economic forecast.
- The CBI published its quarterly Economic Indicators.
The week ahead
- On Wednesday, the CBI publishes the real effective exchange rate based on prices in March.
- On Friday, the Directorate of Labour releases unemployment numbers for March.
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