Islandsbanki Research has published a new inflation forecast.Highlights:
- Forecast a 0.8% rise in the CPI in February.- End of sales, the last remains of exchange rate pass-through and mean reversion of volatile sub-indices weigh to raise the CPI, the housing component creates downward pressure.- Forecast a 1.7% CPI increase over the next 3 months (Feb-April), followed by much slower increases.- Inflation falls to 3% by year-end and 2.1% by end of 2011.To access the forecast, please follow the link below.