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Inflation Spikes Hit Vulnerable Groups Hardest

Summary by RÚV
Despite persistent inflation, high policy rates and high prices, consumption is the strongest indicator. The policy rate decision of the Central Bank's Monetary Policy Committee will be published tomorrow. Kolbeinn Hólmar Stefánsson, associate professor of economic sociology at the University of Iceland, believes that indexation reduces the impact of the policy rate. He was interviewed in Kastljós tonight. He expects the Central Bank to raise th…
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Despite persistent inflation, high policy rates and high prices, consumption is the strongest indicator. The policy rate decision of the Central Bank's Monetary Policy Committee will be published tomorrow. Kolbeinn Hólmar Stefánsson, associate professor of economic sociology at the University of Iceland, believes that indexation reduces the impact of the policy rate. He was interviewed in Kastljós tonight. He expects the Central Bank to raise th…

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RÚV broke the news in on Tuesday, February 3, 2026.
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