Reports to the Government on inflation

According to the joint declaration on the inflation target by the Central Bank of Iceland and the Government of Iceland, the Central Bank must submit a report to the Government if inflation falls below 1% or rises above 4%. These deviation limits do not entail any other formal requirements vis-à-vis the Central Bank. The report must explain the reasons for the deviation, how the Bank intends to respond, and how long the Bank anticipates that it will take to bring inflation back to the target.


Recent reports:


Previous reports: