Tag: inflation

People sitting in a cinema, eating popcorn.

Politics

Movie Ticket Prices Reach New Heights

The price of movie tickets has exceeded ISK 2,000 [$13.95, €13.14] for the first time. Consumers interviewed by Vísir stated that the prices were “striking,”

Ragnar Tómas December 21, 2022

katrin jakobsdottir prime minister iceland

Society

Government Announces Increased Child and Housing Benefits

In the wake of the recently-concluded contract negotiations between VR and SA, the government has announced a series of measures aimed at supporting low- and

Erik Pomrenke December 12, 2022

Economy

SGS Signs New Contract with SA, Causing Controversy

A new short-term contract has been reached between SGS, one of Iceland’s larger trade unions and SA, the Federation of Icelandic Employers. The agreement was

Erik Pomrenke December 5, 2022

Economy

Rising Interest Rates Complicate Upcoming Wage Negotiations

The recent hike in interest rates has complicated the upcoming wage negotiations, with government involvement now a possibility to bring the negotiations to a conclusion.

Erik Pomrenke November 24, 2022

Economy

Latest from Central Bank: Interest Rates to Increase 0.25%, Now Resting at 6%

The Monetary Policy Committee of the Central Bank of Iceland has announced today that key interest rates will be raised an additional 0.25%, with short-term

Erik Pomrenke November 23, 2022

Economy

Key Interest Rates Increased .25%

Ásgeir Jónsson, Governor of the Icelandic Central Bank, announced today in a presentation that key interest rates would be raised again by .25%. Now sitting

Erik Pomrenke October 5, 2022

Culture

Rising Prices Likely to Affect Christmas Book Market

Inflation and the energy crisis in Europe are driving up prices for many consumer goods, and Christmas books are likely to be no exception this

Erik Pomrenke September 28, 2022

Economy

Inflation Rate Drops to 9.3%

The latest numbers from Statistics Iceland indicate a moderate decrease in the rate of inflation, with the 12-month figure being calculated as 9.3% in September.

Erik Pomrenke September 28, 2022

Society

Housing Prices Drop, Indicating Potential Cooling of Market

A recent report by the Housing and Civil Engineering Agency may indicate a cooling in Iceland’s housing market. According to the report, the housing price

Erik Pomrenke September 21, 2022

Economy

Rising Production Costs Lead to Historically Low Mutton Stocks

Agricultural newspaper Bændablaðið reports that Iceland’s stocks of mutton have reached a historic low. According to recently published statistics, the slaughter season has never before

Erik Pomrenke September 8, 2022

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Tag: inflation

Movie Ticket Prices Reach New Heights

Government Announces Increased Child and Housing Benefits

SGS Signs New Contract with SA, Causing Controversy

Rising Interest Rates Complicate Upcoming Wage Negotiations

Latest from Central Bank: Interest Rates to Increase 0.25%, Now Resting at 6%

Key Interest Rates Increased .25%

Rising Prices Likely to Affect Christmas Book Market

Inflation Rate Drops to 9.3%

Housing Prices Drop, Indicating Potential Cooling of Market

Rising Production Costs Lead to Historically Low Mutton Stocks

Walrus Follows Man to Work in Iceland

Parents to Association of Local Authorities: “Negotiate Now”

Parliamentary Resolution on the Icelandic Language Introduced

Lone Hiker Rescued Near Þakgil, South Iceland

Milk Cartons to Be Recycled in Sweden

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