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In the 3rd quarter of 2013, the financial balance of the general government (i.e. the central government, the social security funds and the local governments) amounted to 2.4 billion ISK in deficit or 0.5% of quarterly GDP and 1.2% of general government total revenue. 

Wednesday, 11 December 2013 20:47
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In real terms, non-seasonally adjusted Gross Domestic Product (GDP) for the first three quarters of 2013 increased by 3.1% compared with the first three quarters of 2012. Total domestic final expenditure decreased by 0.5%. 

Saturday, 07 December 2013 12:11
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A computer attack was made against Vodafone in Iceland a few days ago. A Turkish hacker that calls himself Maxney says that he managed to get information about 77 thousand Icelandic customers of the company.

Thursday, 05 December 2013 17:19
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In October 2013, overnight stays in hotels were 158,500 compared to 141,100 in October 2012.

Thursday, 05 December 2013 17:16
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Inflation in Iceland is the second highest among OECD countries if we look at last October, 3.6%. Only Turkey has a higher inflation rate, 7.7%.

Thursday, 05 December 2013 16:27
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Balance of trade: The value of exported goods from Iceland amounted to EUR 3.09 bn fob and the value of imported goods amounted to EUR 2.82 bn fob January-October 2013. 

Friday, 29 November 2013 17:50
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A high-speed rail between Keflavik International Airport and Reykjavik would cost around 655 million EUR according to an initial report from a group that estimated the benefits of the project. The report was introduced at the city council of Reykjavik yesterday. 

Friday, 29 November 2013 14:25
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According to the Icelandic Labour Force Survey the number of persons in the labour force in October 2013 was 186,700. Of those in the labour force 177,000 persons where employed and 9,300 persons where unemployed. 

Wednesday, 27 November 2013 09:37
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British travelers, who are considering to go to Iceland, are encouraged to buy Icelandic króna's (ISK) as soon as possible because there is a shortage of the currency in Britain. The newspaper Daily Telegraph states that the bank M&S had warned its customers that the ISK could be unobtainable in Britain soon.

Friday, 22 November 2013 09:26
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A new issue of Statistical Series, presenting the economic forecast for 2013-2018, is now available. The Icelandic economy is predicted to grow by 2% this year and 2.5% in 2014. Private consumption is expected to grow by 1.6% this year while investment will contract by 3.1%. 

Monday, 18 November 2013 09:34
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