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Results: listing 7 - 12 of 414 for “NOK/SEK”

Fast Comment Norway — Manufacturing output up 1.5 percent q-o-q; adding significantly to growth

  1. Manufacturing output rose by 0.5 percent in December; up 1.5 percent in Q4 2018
  2. Adding significantly to growth; preliminary GDP figures are due tomorrow
  3. Bright outlook for manufacturing in 2019, although we expect to see a slowdown from 2020

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

Fast Comment Norway — Housing prices rose further in January (S.A); we maintain our moderatly positive outlook

  1. Housing prices up 0.5 percent in January; Oslo up 0.3 percent (seasonally adjusted)
  2. Prices have risen faster than assumed by Norges Bank over the past couple of months
  3. We maintain our call for two rate hikes this year (March and September)

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

Fast Comment Norway — Preview: GDP, manufacturing output and housing prices

  1. Mainland GDP growth holding up well in the near term
  2. Upside risk to Norges Bank's near-term estimate; supporting a rate hike in March
  3. Housing market: Modestly positive outlook for Q1 (and 2019 as a whole)

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

Fast Comment Norway — Registered unemployment continues to move sideways; well in line with Norges Bank's projections

  1. Unemployment at 2.6/2.4 percent, unadjusted/seasonally adjusted
  2. In line with Norges Bank’s and our expectation
  3. Neutral to the key policy rate path

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Fast Comment Norway — Weak retail spending, but the figures are not weak enough to question a rate hike in March

  1. Retail sales plummeted in December, but total goods consumption was little changed
  2. Negative change in goods consumption in Q4 as whole, probably offset by consumption of services
  3. Neutral to Norges Bank; we maintain our call for a rate hike in March

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

Fast Comment Norway — Manufacturing output holding up well, despite global headwinds

  1. Business Tendency Survey basically unchanged in Q4 2018
  2. Rising petroleum investments boosting production of capital goods
  3. However, labour as a bottleneck is still below its historical average (capital goods)

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