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Norway

Morgenrapport Norge —

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

Morgenrapport Norge —

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

Fast Comment Norway — Mainland GDP growth still stronger than trend

  1. Mainland GDP growth at 0.6% in Q4 after 0.7% in Q3 (revised from 0.6%)
  2. Growth pulled down by oil-related activities in Q4, but should be temporary
  3. Development well in line with Norges Bank's forecast

Kari Due-Andresen, Chief Economist Norway | kadu01@handelsbanken.no

Morgenrapport Norge —

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no

CPI-ATE clearly undershoots expectations in January —

  1. CPI-ATE at 1.1 percent in January, down from 1.4 percent in December
  2. Clearly weaker than Norges Bank's estimate of 1.4 percent
  3. Air fares and clothing and shoes pulled down the y-o-y rate

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Morgenrapport Norge —

Marius Gonsholt Hov, Senior Economist | maho60@handelsbanken.no