Vol. 10 no. 1 April 2008

Download the whole book

Contents and editorial information

Monetary policy statement by the Board of Governors

Economic and monetary developments and prospects
Marked deterioration in inflation outlook

I Inflation outlook and monetary policy

II External conditions and exports

III Financial conditions

IV Domestic demand and output

V Public sector finances

VI Labour market and wage developments

VII External balance

VIII Inflation developments

IX Inflation forecast

Financial markets and Central Bank measures
Liquidity squeeze in the markets

Ásgeir Daníelsson
Errors in macroeconomic forecasts

Daníel Svavarsson
International investment position: market valuation and the effects of external changes

René Kallestrup
The volatility of the Icelandic króna

Monetary policy and instruments

Economic and monetary chronicle

Tables and charts

Boxes and appendices