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Results: listing 1 - 6 of 760 for “EUR/NOK”

Fast Comment Norway — Preview: registered unemployment in December

  1. Registered unemployment expected at 2.4 percent; unchanged from November
  2. A continuation of the levelling out of the unemployment rate
  3. We expect declining unemployment further ahead

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Fast Comment Norway — Norges Bank keeps policy rate at 0.75 percent, as expected, and lowers policy rate trajectory slightly

  1. The two planned interest rate hikes in 2019 intact, while one hike is removed from the period 2020-21
  2. International factors pull down, while domestic factors pull slightly up
  3. We believe all hikes after 2019 eventually will be postponed

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

Fast Comment Norway — CPI-ATE well above expectations; supporting further rate hikes in 2019 (March and September)

  1. CPI-ATE at 2.2 percent in November, against expectations of 1.9 percent
  2. The near-term momentum has been greater than anticipated by Norges Bank
  3. Notwithstanding increasing global uncertainties, Norges Bank will stick to its plan of hiking the policy rate twice in 2019

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

Fast Comment Norway — Preview: core inflation in November pulled up by base effects; neutral to Norges Bank

  1. CPI-ATE expected at 1.8 percent in November, up from 1.6 percent in October; driven by a base effect
  2. Matching Norges Bank's estimate
  3. Even a slight surprise to the upside would be neutral to the key policy rate path

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

Fast Comment Norway — Positive trend in manufacturing; the outlook remains bright, supported by rising petroleum investments

  1. Manufacturing output up by 1.5 percent in October; better than expected
  2. Consensus expected 0.8 percent; we had forcast 1 percent
  3. Manufacturing output has pulled up by 1 percent over the past three months

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

Fast Comment Norway — Housing prices down 0.5 percent in November; somewhat weaker than expected but too early to call the start of a down trend

  1. Housing prices at -0.5 percent m-o-m in November, seasonally adjusted
  2. Oslo a touch weaker: -0.6 percent, seasonally adjusted
  3. Too early to conclude that the trend has shifted downwards

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no