Economic Indicators 29 September 2017
The Central Bank of Iceland’s Economic Indicators report for September 2017 has been released and can be found here on the Bank’s website. The publication contains information on developments in prices, output, external trade, the labour market, public sector finances, asset markets, and the financial market. The information is published in chart form, and underlying data can be called up in spreadsheet format.
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Working Paper no. 75: The Central Bank of Iceland's approach to stress testing the Icelandic banking system
The Central Bank of Iceland has published a new working paper describing the framework and process of its annual stress test. The paper also explains how the stress scenario is designed and discusses main aspects of Central Bank´s stress testing model.
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Special Publication no. 11: Monetary policy based on inflation targeting: Iceland's experience since 2001 and post-crisis changes
The Central Bank of Iceland has published a report on the experience of the current monetary policy framework since it was adopted in March 2001, with special focus on the experience of the past few years, after changes were made to monetary policy formulation following the financial crisis.
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Minutes of the MPC
Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 21 and 22 August 2017. There, the Committee discussed economic and financial market developments, the interest rate decision on 23 August, and the communication of that decision.
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Current account surplus 16.3 b.kr. in Q2 – net international investment position negative by 62 b.kr.
The current account surplus measured 16.3 b.kr. in Q2/2017. There was a deficit on goods trade in the amount of 45.8 b.kr and a 60.5 b.kr. surplus on services trade, as well as a 6.8 b.kr. surplus on primary income and a 5.1 b.kr. deficit on secondary income.
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