Already, purchasing power is down 14.7% from its 2007 peak according to new numbers from Statistics Iceland. The slide could halt somewhere between 20 and 31% next year says Islandsbanki’s analytical department.
Already, purchasing power is down 14.7% from its 2007 peak according to new numbers from Statistics Iceland. The slide could halt somewhere between 20 and 31% next year says Islandsbanki’s analytical department.