Iceland's Economic Slowdown Expected to Persist Through 2028, Interest Rates May Rise

Forecasts indicate that Iceland's economic slowdown is expected to continue longer than previously anticipated, potentially through 2028, with interest rates likely to be raised to 8.25% this year. Landsbankinn's projection outlines modest growth driven largely by services.

17 Apr, 11:30 — 17 Apr, 11:30

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iceland-reviewMostly Factual12d ago

Economic Growth Expected to Remain Modest Through 2028, Forecast Says

Iceland’s recent economic slowdown is expected to continue longer than previously anticipated, according to a new forecast reported by mbl.is. The projection, published by Landsbankinn, outlines moderate growth through to 2028, driven largely by service exports rather than domestic demand. What’s the Story? Economic growth forecast at 1.6–1.8% annually through 2028, driven mainly by service… The post Economic Growth Expected to Remain Modest Through 2028, Forecast Says appeared first on Icela...

By Michael Chapman

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First report: morgunbladid · 17 Apr, 07:00|Full coverage: 2 · 4h|Window: 4h

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morgunbladid17 Apr, 07:00First to report

Stýrivextir sennilega hækkaðir í 8,25% á árinu

4h later

iceland-review17 Apr, 11:30Latest update

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Iceland's Economic Slowdown Expected to Persist Through 2028, Interest Rates May Rise

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Economic Growth Expected to Remain Modest Through 2028, Forecast Says

Coverage Timeline

Stýrivextir sennilega hækkaðir í 8,25% á árinu

Economic Growth Expected to Remain Modest Through 2028, Forecast Says

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