Despite the consumer price index increasing by 0.59% month-on-month, the annual inflation rate has decreased to 9.8% (down from 10.2% in February). The Finance Minister
The Monetary Policy Committee of the Central Bank of Iceland has raised interest rates a further 1%. This is the twelfth rate hike in a
The Governor of the Central Bank has stated that a national pact may be needed in order to overcome persistent inflation, RÚV reports. Whether or
Inflation rates in Iceland continue to rise, with the latest figures from Statistics Iceland indicating that inflation now rests at 10%. The Consumer Price Index,
The house price index in the capital area fell by 0.5% month-on-month in January. In the last three months, the index has decreased by 1.4%,
All three of Iceland’s commercial banks announced that they would be raising interest rates on Friday. RÚV reports that Arion Bank, Íslandsbanki, and Landsbankinn are
The Monetary Policy Committee of Iceland’s Central Bank has announced that it will be raising key interest rates by 0.5%, with short-term interest rates (seven-day
The latest indicators from Statistics Iceland show a month-by-month increase in the Consumer Price Index of 0.85%. Inflation now rests at 9.9%, where it last
With the new year, several new regulations, taxes, and fees are coming into effect. Here, we break down the most significant changes for the nation
In the tug-of-war game between interest rates and inflation following the economic disruptions of COVID-19, Icelandic homeowners have been put under increasing pressure. We talk
