Government Targets Indexation Reform Amid Rising Inflation Concerns

Iceland’s government plans to reduce the role of indexation in the economy as inflation and external pressures continue to affect households. As reported by RÚV, Prime Minister Kristrún Frostadóttir said inflation has reached 5.4%, rising by 1.7 percentage points since January. What’s the Story? Inflation at 5.4%, up 1.7 percentage points since January, linked in… The post Government Targets Indexation Reform Amid Rising Inflation Concerns appeared first on Iceland Review.

By Michael Chapman