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Norway

Fast Comment Norway — Preview: Housing prices in September

  1. Housing prices somewhat weaker than anticipated by NB so far
  2. But the monthly trajectory ahead is little changed
  3. Moderately positive outlook

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

Fast Comment Norway — A muted rebound in retail sales for the second month running

  1. Retail sales up by 0.6 percent in August, following 0.5 percent in July
  2. Close to market expectations
  3. Retail sales have disappointed over the summer, but we expect the rebound to continue in the coming months

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Morgenrapport Norge —

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Morgenrapport Norge —

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

Fast Comment Norway — The unemployment rate continues to level out

  1. LFS unemployment at 4.0 pct in July, up from 3.9 pct in June
  2. We, consensus and Norges Bank expected 3.8 pct
  3. The data supports the case of careful steps when tightening monetary policy

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

Morgenrapport Norge —

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