Iceland Economy Shrinks 1.9% in Q2 âšī¸
Iceland's economy contracted by 1.9% year-on-year in Q2 2025, with decreases in fixed investments and government spending, while household consumption showed modest growth.
Macroeconomic data reveals a slight economic slowdown with mixed indicators, suggesting limited immediate global market implications and minimal portfolio disruption.
Iceland Inflation Slows to Three-Month Low in August âšī¸
Iceland's annual inflation rate decreased to 3.8% in August 2025, down from 4.0% in the previous month, with softer price gains across multiple sectors.
Modest inflation reduction suggests stable economic conditions with minimal volatility, indicating gradual economic normalization without significant market disruption.
Iceland Unemployment Rate at 5-Month High âšī¸
Iceland's unemployment rate rose to 4% in July 2025, the highest since February, with total unemployed persons increasing to 9,500 and employment decreasing by 3,300.
Moderate economic indicator showing slight labor market softening, but not significant enough to dramatically shift market sentiment or trigger major portfolio adjustments.
Iceland Producer Prices Fall Softer in July âšī¸
Iceland's producer prices declined 0.6% year-on-year in July 2025, with varied trends across different industrial sectors including metal, food production, and marine products.
Marginal economic indicator with limited global market implications, showing nuanced price movements across industrial sectors without significant macroeconomic disruption.