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  • Interest rate likely to have peaked

    The Norwegian economy is facing a change of pace. Lower international growth means that the economic upturn is likely to be over within a year’s time.

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  • Trade tensions reducing growth outlook for the Norwegian economy

    The Norwegian economy is experiencing a moderate and broad-based economic upturn. Higher interest rates and lower growth internationally are set to curb future activity.

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  • Upturn in Norwegian economy continues, but with clouds on the horizon

    The moderate upturn in the Norwegian economy continues. Even lower growth prospects internationally or a marked long-term fall in the oil fund may, nevertheless, create problems for businesses and fiscal policy.

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  • Almost cyclically neutral Norwegian economy

    The moderate upturn in the Norwegian economy continues, driven to a large extent by higher petroleum investments in 2019. The interest rate will continue to rise, wage growth will be higher and unemployment will see a slight fall.

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  • Economic boom in sight

    The Norwegian economy has been in a moderate upturn for about a year and a half. The upturn is being further driven by increased investments in the petroleum industry and weak positive international impetus.

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  • Economic upturn is fragile

    The Norwegian economy has been experiencing a moderate economic upturn for just over a year. Although the upturn is expected to continue as a result of increased investments in the petroleum industry and an international upturn, the economic situa...

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  • Norwegian economy boosted by increase in petroleum investment

    The Norwegian economy experienced an economic upturn throughout 2017. Going forward, the upturn will be driven by an increase in investments in the petroleum industry and higher international growth, but will be slowed down by falling housing inve...

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  • The moderate upturn continues

    The turnaround in the economy was driven by a highly expansive fiscal and monetary policy, a weak krone, low wage growth and strong growth in house building. Going forward, house building is expected to curb the economic upturn. Interest rates wil...

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  • Cyclical bottom has been reached, but recovery will be slow

    A highly expansive fiscal and monetary policy, weak krone and strong growth in house building have contributed to a shift in the economy. Low interest rates and high growth internationally are driving the upswing, while a stronger krone and less h...

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  • The start of a moderate upturn in the economy?

    The upswing in the mainland economy in the first quarter of 2017 is assumed to mark the end of the downturn that followed the fall in oil prices in 2014. Slightly higher income growth is expected to push up consumer growth.

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  • Slightly brighter times ahead

    The fall in investments in the petroleum industry is waning, exports are increasing and private demand is picking up. These factors combined will soon lead to a cautious upturn in the Norwegian economy. Following a considerable decline last year, ...

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  • Two-year oil-driven downturn may come to an end

    A reduced decline in investments in the petroleum industry and somewhat higher growth in exports, mainland business investment and consumption are expected to lead to greater economic growth and slightly lower unemployment. Growth in house prices ...

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  • Norway set for economic shift following oil industry slump

    The standstill in the second half of last year has been replaced by a weak increase in growth in the mainland economy this year. A reduced decline in oil investments coupled with growth in house-building activity and exports may lead to an upturn ...

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  • Unemployment down slightly in 2017

    A year-long moderate economic downturn was followed in the summer of 2015 by a sharper decline. A slight drop in oil investments, low interest rates, expansionary fiscal policies and increased global growth are expected to gradually push up growth...

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  • Gradual upswing expected in 2017

    We expect the sharp fall in oil investments now will be curbed. Increased public spending, lag effects of the krone depreciation, lower interest rates and gradually improving international economic conditions, signals a somewhat higher growth.

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