Prices and consumption

Household expenditure survey 2008-2010

Average household expenditure is 442 thousand ISK a month or 183 thousand per individual, i.e. 3.1% lower than in the previous survey per household. The expenditure per individual declined by 4.6%. The CPI rose by 5.4% between 2009 and 2010, hence the real household expenditure declined by 8.0%. This is equivalent to 9.5% decrease per individual in real terms. Disposable income rose by 3.6% per household and by 2.0% per individual.

General publications

Staff papers

• A comparison of the SPAR and a stratified-model house price indices. Paper by  Guðrún R. Jónsdóttir and Lára G. Jónasdóttir presented at the 12th meeting of the International Working Group on Price Indices (The Ottawa Group), Wellington, New Zealand, 4 - 6 May 2011.
• Stratification Method in House Price Indices: An example from Iceland
  Paper by Lára G. Jónasdóttir á Workshop on owner-occupied housing statistics pilot project, Dublin 3 – 4 June 2010
• The effect of House Market downturn on House Price Index. Paper by  Rósmundur Guðnason, Guðrún R. Jónsdóttir and Lára G. Jónasdóttir presented at the 11th meeting of the International Working Group on Price Indices (The Ottawa Group), Neuchâtel, Switzerland, 27-29 May 2009. Presentation (PPT).
• The impact of Financial Crises on the CPI. Paper by  Rósmundur Guðnason and Guðrún R. Jónsdóttir presented at the 11th meeting of the International Working Group on Price Indices (The Ottawa Group), Neuchâtel, Switzerland, 27-29 May 2009. Presentation (PPT).
• The Receipts Approach to the Collection Of Household Expenditure Data
  by Rósmundur Guðnason, chapter 6, pp. 105-110, in Price and Productivity Measurement: Volume 2 – Seasonality. Volume Editors; Diewert W.E., B.M. Balk, D. Fixler, K.J.  Fox and A.O. Nakamura (2009). Trafford Press.
• Owner Occupied Housing in the Icelandic CPI
  by  Rósmundur Guðnason and  Guðrún R. Jónsdóttir, chapter 9, pp. 147-150 in Price and Productivity Measurement: Volume 1 – Housing. Volume Editors,  Diewert W.E., B.M. Balk, D. Fixler, K.J.  Fox and A.O. Nakamura (2009). Trafford Press.
• Present challenges facing Icelandic CPI/HICP
  Presentation by Guðrún R. Jónsdóttir at the HICP working Group meeting, Luxembourg, 27-28 October 2008.
• House Price Indexes, Approaches and Methods
  Paper by  Rósmundur Guðnason og Guðrún R. Jónsdóttir presented at The 2008 World Congress on National Accounts and Economic Performance Measures for Nations, Washington DC 12th-17th May 2008. Presentation (PPT).
• Electronic Data Collection Methods; Use of Transaction Data for PPI
  Paper by Heiðrún Guðmundsdóttir, Rósmundur Guðnason og Guðrún R. Jónsdóttir presented at The 2008 World Congress on National Accounts and Economic Performance Measures for Nations, Washington DC 12th-17th May 2008, at the Joint UNECE/ILO Meeting on Consumer Price Indices, Geneva, 8-9 May 2008 and at the 24th meeting of Nordic statisticians, Reykjavík 25-28 June 2007. Presentation (PPT)