The survey results indicate that market agents expect higher inflation in the coming year than they did in the January survey; however, they expect inflation to ease relatively quickly at the start of next year. Furthermore, they expect the exchange rate of the króna against the euro to be about the same in one year as it was when the survey was conducted.

The Central Bank of Iceland has decided to resume regular foreign currency purchases in the interbank foreign exchange market. More specifically, the Bank intends to purchase 6 million euros per week.

The Financial Stability Committee (FSN) of the Central Bank of Iceland takes decisions on the application of the Bank’s financial stability policy instruments. Financial stability means that the financial system is equipped to withstand shocks to the economy and financial markets, to intermediate credit and payments, and to diversify risks appropriately.