Iceland

Postpone foreign marketing campaign due to conflict in Ukraine

Postpone foreign marketing campaign due to conflict in Ukraine

Islandsstofa has delayed a foreign marketing campaign that was to be launched today due to the war on the Ukrainian-Russian border. Media reports on this and quotes Sigridur Dogg Gudmundsdottir, director of tourism at Islandsstofa, in light of the uncertainty that the state has deemed necessary to delay the start of the campaign indefinitely. The …

Postpone foreign marketing campaign due to conflict in Ukraine Read More »

The stock exchange turns red in the shadow of conflict

The stock exchange turns red in the shadow of conflict

World stock markets have been affected by Russia’s invasion of eastern Ukraine. At the same time, oil prices have risen. The Icelandic market is not excluded. Thus, initial trading on the Iceland Stock Exchange indicates that investors believe that the outlook for the economy has worsened or become more uncertain with Russia’s actions. The declines …

The stock exchange turns red in the shadow of conflict Read More »

The housing component continues to weigh heavily in inflation

The housing component continues to weigh heavily in inflation

Bergpora Baldursdottir, an economist at Islandsbanki Research, says that the housing component weighs the most in the latest inflation survey. The consumer price index has risen by 4.3% recently. twelve months and the consumer price index excluding housing by 3.3%. August is therefore the eighth month in a row where inflation measures over 4% and …

The housing component continues to weigh heavily in inflation Read More »

Scroll to Top