Health Care Increases Push Inflation up in August

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Landsbankinn's research department predicts that inflation will remain unchanged at 5.2 percent in the July survey but increase to 5.4 percent in the August survey, partly due to an increase in the visit fee to health centers. If inflation is measured above 4.7 percent in August, collective agreements may be terminated.

RÚV

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Landsbanki's research department predicts that inflation will remain unchanged at 5.2% in July. It believes that international airfares will have the greatest upward impact, while summer sales and lower gasoline prices will have the greatest downward impact. It believes that inflation is likely to exceed the assumptions of collective agreements in August. The assumptions of collective agreements stipulate that they may be terminated if inflation…