Research
Tip: To personalise the research list, click the gear symbol above.


Choose type:


Fast Comment Norway

Fast Comment Norway — Preview: Survey unemployment in November (due Thursday)

  1. LFS unemployment rate expected at 4.0 percent in November, unchanged from October
  2. Survey employment picking up, better matching the GDP data
  3. Labour participation rate appears to have reached its cyclical low; some recovery is expected

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

Fast Comment Norway — Preview Norges Bank

  1. Too little new information to change assessment
  2. Policy rate to be kept unchanged at 0.5 percent

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

Fast Comment Norway — Prices for food and air fares buoyed the CPI-ATE in December

  1. CPI-ATE at 1.4 percent in December, up from 1.0 percent in November
  2. We and Norges Bank expected 1.3 percent, consensus 1.2 percent
  3. Upside surprise explained by the volatile air fares component

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

Fast Comment Norway — Manufacturing output up by 0.3 percent in November; close to expectations

  1. Manufacturing output up by 0.3 percent in November; expected 0.5 percent
  2. Activity has continued to recover from the sharp decline in August
  3. We expect the uptrend to continue; strong global growth, weak NOK, gradually rising petroleum investments

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

Fast Comment Norway — Preview: Manufacturing output and core inflation

  1. Manufacturing output expected at 0.5 pct in Nov
  2. CPI-ATE expected at 1.3 percent in Dec, up from 1.0 percent in Nov
  3. Expect the NOK to push CPI-ATE higher in coming months; still, well below the inflation target

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

Fast Comment Norway — Higher domestic credit growth in November, but slightly below our estimate

  1. C2 at 5.8 percent in Nov, up from 5.7 percent in Oct
  2. We expected 5.9 percent, as we had anticipated a larger positive contribution from non-financials
  3. Fairly stable household debt growth over the past three months

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