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Norway

Morgenrapport Norge —

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Morgenrapport Norge —

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

Morgenrapport Norge —

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

Fast Comment Norway — Preview: retail sales (October) and registered unemployment (November)

  1. We expect zero percent growth in retail sales in October, but a bigger boost in November (Black Friday)
  2. Unemployment has levelled out this year...
  3. ...but we continue to see scope for lower unemployment ahead

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

Morgenrapport Norge —

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

Fast Comment Norway — Expectations Survey Q4: modest wage outlook, some lower profitability and employment expectations

  1. Near-term wage outlook in line with Norges Bank, but medium-term expectations well below
  2. Some lower corporate profitability and employment expectations for next 12 months
  3. Tentative signs of some underlying momentum weakening for the economy

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