Economy news


MPC decision on interest rates - lowered

Wednesday, June 14, 2017

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 4.5%.

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Non-IndexedPriceYield
RIKV 17 071799.794.21%
RIKV 17 081599.424.51%
RIKV 17 111598.264.57%
RIKV 17 1215 97.894.59%
RIKB 19 0226106.454.61%
RIKB 20 0205103.624.72%
RIKB 22 1026112.104.63%
RIKB 25 0612121.904.64%
RIKB 28 1115 103.054.65%
RIKB 31 0124118.314.65%
IndexedPriceYield
RIKS 21 0414103.712.75%
HFF150224102.612.97%
RIKS 30 0701112.762.12%
HFF150434111.902.31%
HFF150644119.702.23%

CPI Change

Current Value443.00
12 Months Change*1.72%
3 Months Change*3.13%
Last Month Change0.20%
Daily CPI443.00

* Annualized rates