Economic forecast for Iceland
Íslandsbanki Reasearch has published a new economic forecast for Iceland. The forecast assumes that the Economic growth will be slow in the quarters ahead and there will be a slowdown between 2011 and 2012. Nevertheless, the forcesast assumes that there will be growth of 2,2% next year and this years growth will reach 2,5%.
Furthermore, it is forcasted that private consumption will be growing in the year 2012 and that investments will be one of the driving forces of the Icelandis economy over the coming years.