Íslandsbanki publishes a new macroeconomic forecast
• GDP growth will measure 1.2% this year, which is quite a weak growth
• This year's growth is expected to be driven by private consumption and export growth.
• The economy is expected to gain strength next year, with output growth measuring 3.1% in 2014 and 2.7% in 2015.
• Output growth will be rather broadly based in the next two years with an upturn in private consumption, a surge in investment, and growth in goods and services exports.