| Volume |
No. |
Publishing month |
Economic and monetary developments and prospects
|
| 2019/4 |
78 |
November 2019 |
Monetary Bulletin 2019/4 |
| 2019/3 |
77 |
August 2019 |
Monetary Bulletin 2019/3 |
| 2019/2 |
76 |
May 2019 |
Monetary Bulletin 2019/2 |
| 2019/1 |
75 |
February 2019 |
Monetary Bulletin 2019/1 |
2018/4
|
74 |
November 2018 |
Monetary Bulletin 2018/4 |
| 2018/3 |
73 |
August 2018 |
Monetary Bulletin 2018/3 |
| 2018/2 |
72 |
May 2018 |
Monetary Bulletin 2018/2 |
| 2018/1 |
71 |
February 2018 |
Monetary Bulletin 2018/1
|
2017/4
|
70 |
November 2017 |
Faster adjustment of GDP growth to its long-term trend rate
|
| 2017/3 |
69 |
August 2017
|
GDP growth to ease but remain robust
|
| 2017/2 |
68 |
May 2017
|
GDP growth strong, and the output gap widens despite rapid growth in potential output
|
| 2017/1 |
67 |
February 2017 |
Strong GDP growth and rising exchange rate in 2016 driven by exports and terms of trade |
| 2016/4 |
66 |
November 2016 |
Inflation expected to remain at target throughout the forecast horizon |
| 2016/3 |
65 |
August 2016 |
Inflation outlook improves despite growing macroeconomic imbalances |
| 2016/2 |
64 |
May 2016 |
Clearer signs of growing tension in the economy, but inflation remains below target |
| 2016/1 |
63 |
February 2016 |
Inflation still below target, but growing economic imbalances |
| 2015/4 |
62 |
November 2015 |
Growing risk of overheating in the domestic economy |
| 2015/3 |
61 |
August 2015 |
Inflation outlook deteriorates in the wake of wage settlements |
| 2015/2 |
60 |
May 2015 |
Strong domestic demand growth and unrest in the labour market |
| 2015/1 |
59 |
February 2015 |
Changed inflation outlook due to steep drop in oil prices |
| 2014/4 |
58 |
November 2014 |
Economic recovery slows in Iceland and abroad, and inflation subsides |
| 2014/3 |
57 |
August 2014 |
Inflation set to remain near target |
| 2014/2 |
56 |
May 2014 |
Output growth accelerates and spare capacity gives way to a positive output gap |
| 2014/1 |
55 |
February 2014 |
Inflation outlook improving short-term but compromised by growing output gap in the long run |
| 2013/4 |
54 |
November 2013 |
GDP growth outlook stronger for 2013 but broadly unchanged for the forecast horizon as a whole |
| 2013/3 |
53 |
August 2013 |
Recent labour market recovery stronger than expected, but outlook for weaker GDP growth than in May |
| 2013/2 |
52 |
May 2013 |
Economic recovery continues despite poorer GDP growth outlook |
| 2013/1 |
51 |
February 2013 |
Domestic recovery loses pace |
| 2012/4 |
50 |
November 2012 |
Output growth outlook weaker this year but broadly unchanged for the forecast horizon as a whole |
| 2012/3 |
49 |
August 2012 |
Inflation outlook improves with stronger króna |
| 2012/2 |
48 |
May 2012 |
The inflation outlook has deteriorated |
| 2012/1 |
47 |
February 2012 |
Continued recovery despite weaker global outlook |
| 2011/4 |
46 |
November 2011 |
Domestic recovery in times of global uncertainty |
| 2011/3 |
45 |
August 2011 |
Real economy more robust, but inflation outlook deteriorates |
| 2011/2 |
44 |
April 2011 |
Weaker outlook and greater uncertainty |
| 2010/4 |
42 |
November 2010 |
Inflation at target by year-end |
| 2010/2 |
40 |
May 2010 |
Outlook for gradual recovery beginning in late 2010 |
| 2009/4 |
38 |
November 2009 |
Slightly improved economic outlook |
| 2009/2 |
36 |
May 2009 |
Exchange rate stability critical while private sector balance sheets recover |
| 2008/3 |
34 |
November 2008 |
Financial crisis causes sharp contraction and high inflation |
| 2008/2 |
33 |
July 2008 |
Higher inflation and lower output growth |
| 2008/1 |
32 |
April 2008 |
Marked deterioration in inflation outlook |
| 2007/3 |
31 |
November 2007 |
Domestic demand stronger than previously forecast, but financial conditions have deteriorated |
| 2007/2 |
30 |
July 2007 |
Slow disinflation process will delay policy rate cuts |
| 2007/1 |
29 |
March 2007 |
Extensive adjustment ahead |
| 2006/3 |
28 |
November 2006 |
Improved inflation outlook but risk of more unfavourable developments |
|
2006/2
|
27 |
July 2006
|
The inflation outlook deteriorates due to depreciation of the króna and rising wage costs |
| 2006/1 |
26 |
March 2006 |
Substantially worse inflation outlook if policy rate is kept unchanged |
| 2005/4 |
25 |
December 2005 |
Slight improvement in inflation outlook due to the appreciation of the króna and higher interest rates, but major imbalances are still present |
| 2005/3 |
24 |
September 2005 |
Inflation outlook still unacceptable |
| 2005/2 |
23 |
June 2005 |
Inflation outlook has deteriorated two years ahead |
| 2005/1 |
22 |
March 2005 |
Improved inflation outlook if the króna stays strong |
| 2004/4 |
21 |
December 2004 |
Inflation outlook over the next two years has taken a turn for the worse |
| 2004/3 |
20 |
September 2004 |
Inflation outlook similar to June forecast, but the risk of higher inflation in 2006 has increased |
| 2004/2 |
19 |
June 2004 |
Higher inflation over the next four quarters, but the outlook two years ahead is broadly unchanged |
| 2004/1 |
18 |
March 2004 |
Near-term inflationary pressures ease despite higher output growth, but inflation will exceed the target if monetary policy remains unchanged |
| 2003/4 |
17 |
November 2003 |
Output growth will pick up, creating a positive output gap by 2005 |
| 2003/3 |
16 |
August 2003 |
The economic recovery has begun but inflation will be below the target for most of next year |
| 2003/2 |
15 |
May 2003 |
Demand picks up and inflation creeps up towards target |
| 2003/1 |
14 |
February 2003 |
Slack in the economy has increased and inflation will stay below the target in the near term despite proposed aluminium projects |
| 2002/4 |
13 |
November 2002 |
Inflation close to target and a growing slack in the economy in the absence of planned large investment projects in aluminium |
| 2002/3 |
12 |
August 2002 |
Inflation target is within reach |
| 2002/2 |
11 |
May 2002 |
The inflation outlook has improved, but the economic contraction seems to be deepening |
| 2002/1 |
10 |
February 2002 |
Improved prospects for stronger exchange rate |
| 2001/4 |
9 |
November 2001 |
Demand is contracting, inflation prospects broadly unchanged |
| 2001/3 |
8 |
August 2001 |
Inflation will slow next year if wage increases are in line with current agreements |
| 2001/2 |
7 |
May 2001 |
Near-term inflation outlook worsens after exchange rate slide |
| 2001/1 |
6 |
February 2001 |
Outlook on inflation unchanged in 2001 despite weaker króna |
| 2000/4 |
5 |
November 2000 |
Slowdown in inflation requires tight stance |
| 2000/3 |
4 |
August 2000 |
Outlook for slower reduction in inflation than forecast this spring |
| 2000/2 |
3 |
May 2000 |
Wage agreements are compatible with lower inflation, but an excessive current account deficit poses a long-term threat to exchange rate stability |
| 2000/1 |
2 |
February 2000 |
Higher inflation and current account deficit call for restrictive economic policies |
|
1999/1
|
1 |
November 1999
|
Overheating continues to be a risk to price stability |
