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Economic forecast, spring 2013
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Economic growth reached 1,6% in 2012. The less than expected growth was mainly due to lower private consumption and investment. The forecast for 2013–2018 assumes that gradual economic recovery will continue with 1,9% growth in 2013 and 2,7% growth in 2014. Positive growth is expected throughout the forecast period, though changes to the planned large scale industrial investments may affect the forecast. Economic growth will be driven by investment and consumption. |
News
12 April 2013
Icelandic economy to grow by 1.9% in 2013 and 2.7% in 2014
The Icelandic economy is predicted to grow by 1.9% in 2013 and by 2.7% in 2014. Private consumption is expected to grow 2.5% in 2013 while investment will contract by 2.3%.More
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