15.09.2016

The Central Bank of Iceland has sent the Government a report on inflation below the lower deviation limit of the inflation target

The Central Bank of Iceland has sent the Government a report on inflation below the lower deviation limit of the inflation target

The Central Bank of Iceland has sent the Government a report on inflation below the lower deviation limit of the inflation target. This is the second time since the adoption of the inflation target that inflation has fallen below the lower limit set forth in the joint declaration made by the Government and the Central Bank of Iceland on 27 March 2001, which defined the inflation target and deviation limits.

The report can be found here

The letter to the Minister of Finance and Economic Affairs

Letter to the Minister of Finance after it was revealed that because of errors in Statistics Iceland’s inflation measurements, the August 2016 report to the Government on inflation below deviation limits had not been necessary

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