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Results: listing 7 - 12 of 325 for “NOK/SEK”

Fast Comment Norway — Retail sales rose far more than expected in May

  1. Retail sales rose by 1.8 percent in May, clearly overshooting market expectations
  2. Household spending is now trending clearly upward
  3. Supports Norges Bank's arguments for a rate hike in September

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

Fast Comment Norway — Credit indicator growth fell faster than expected in May

  1. C2 at 6.0 percent in May, down from 6.3 percent in April
  2. Below market expectations; we had 6.2 percent, consensus 6.3 percent
  3. Household debt growth fell further in May

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

Fast Comment Norway — LFS unemployment fell more than anticipated in April

  1. LFS unemployment at 3.7 percent in April, down from 3.9 percent in March
  2. Lower than expected; we and consensus expected 3.8 percent, Norges Bank 3.84 percent
  3. Figures for registered unemployment are due this Friday

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

Fast Comment Norway — Broad set of key data coming up, confirming solid GDP growth

  1. The labour market continues to strengthen; survey and registered unemployment trending lower
  2. Overall credit growth mostly unchanged; retail spending trending upwards
  3. The data will confirm NB's expectations of solid growth in the mainland economy

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

Fast Comment Norway — Norges Bank sticks to its strategy as we expected; first rate hike expected in September

  1. Policy rate unchanged at 0.5 percent; policy rate path also virtually unchanged
  2. Oil price and housing market lift policy rate trajectory, whereas inflation and global outlook burden
  3. Norges Bank expects seven rate hikes by year-end 2021; we believe it will manage only three

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

Fast Comment Norway — Regional Network: the growth outlook remains favourable

  1. Small changes to the growth signals...
  2. ...suggesting mainland GDP growth of 2.6 percent this year, matching Norges Bank's estimate
  3. Norges Bank’s assessment of a rate rise in September remains intact

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