Apr 27 2017
Consumer price index in April 2017

The Consumer Price Index (CPI) based on prices in April 2017 is 442.1 points (May 1988=100), 0.50% higher than in March 2017. The CPI less housing cost is 389.2 points, unchanged from March.

Cost of owner occupied housing (imputed rent), rose by 2.6% (effect on the index 0.49%).

The CPI is 1.9% higher in April 2017 than in April 2016 while the CPI less housing cost is 1.8% lower than one year ago. 

The CPI compiled in the middle of April 2017, 442.1 points, is applicable for indexation purposes in June 2017. The old credit terms index for June 2017 is 8,729 points. 

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Dec 08 2017
Bond News
Fitch upgrades Iceland to ‘A’; outlook stable

Fitch Ratings announced today that it had upgraded Iceland‘s long-term foreign and local-currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A-’. The outlook is stable. The main rating drivers are economic stability, reduced external vulnerability and improvements in government debt ratios, supported by robust growth.