19 Sep

19 Sep 2018

The building cost index up by 0.2 % from previous month

The building cost index compiled in the middle of September 2018 is 140.2 points 0.2% higher than in the previous month.

18 Sep

18 Sep 2018

Decrease in sales of cars

The total turnover of enterprises in activities that are subject to VAT, excluding the pharmaceutical industry, amounted to 4,375 billion ISK in the twelve month period of July 2017 to June 2018, which is an increase of 7.7% compared with the preceding twelve months.

14 Sep

14 Sep 2018

Total catch in August less than last year

The overall catch of Icelandic vessels in August was 104,5 thousand tonnes, a 13% decrease from August 2017. Demersal catch was just over 37 thousand tonnes and decreased by 2 thousand tonnes (18%) compared with August last year.

14 Sep

14 Sep 2018

Government account’s surplus of 1.5 billion in the 2nd quarter of 2018

In the 2nd quarter of 2018, the financial balance of the general government amounted to 1.5 billion ISK in surplus or 0.2% of quarterly GDP and 0.5% of general government total revenue.

13 Sep

13 Sep 2018

Every other employee had monthly earnings between 500 and 800 thousand ISK in 2017

Mean total earnings for full-time employees were 706 thousand ISK in the year 2017. The median was 618 thousand ISK and thus half of employees received total earnings below that amount. The difference between the mean and the median is mainly due to the fact that collective agreements set minimum wage rates but no maximum wages.

07 Sep

07 Sep 2018

Economic growth was 4% in year 2017

The revised annual national accounts for 2017 show a 4% increase in Gross Domestic Product (GDP) in real terms, compared to 3.6% shown in preliminary annual national accounts published earlier this year. The economic growth in 2017 is mainly driven by a 7% increase in the gross domestic final expenditure.