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Norway

Morgenrapport Norge —

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

Morgenrapport Norge —

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Fast Comment Norway — Well balanced housing market; small price changes since last summer (S.A)

  1. Unchanged housing prices in April (S.A), Oslo modestly down by -0.1 percent
  2. The outturn was well in line with signals received from the supply and demand balances
  3. Housing prices flat/modestly up since last summer (S.A); well balanced

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

Morgenrapport Norge —

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

Fast Comment Norway — Registered unemployment falls to 2.3%, as expected

  1. Registered unemployment down to 2.3% in April, from 2.4% in March
  2. Labour market trend in line or slightly weaker than Norges Bank’s expectation
  3. Norges Bank will push rate rise to September

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

Fast Comment Norway — Preview: Housing prices and core inflation in April

  1. Housing market: Still positive price outlook, albeit still modest
  2. Core inflation close enough to Norges Bank
  3. We maintain our call for a rate hike in September

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