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Results: listing 7 - 12 of 860 for “Norges Bank”

Fast Comment Norway — Survey unemployment continues to level out

  1. LFS unemployment unchanged at 4 percent in October; in line with consensus (we had 3.9 percent)
  2. Fourth consecutive reading of 4 percent
  3. Today’s data release does not affect the outlook for the key policy rate path

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

Fast Comment Norway — What to expect for the housing market in 2019

  1. Housing prices due this Friday; we expect fairly unchanged prices in S.A terms
  2. Some near-term downside risks are present, but outlook for 2019 is moderately positive, in our view
  3. Supported by a stronger labour market; LFS unemployment expected slightly down this week

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

Fast Comment Norway — Black Friday giving a boost to retail spending in November

  1. Retail sales rose by 0.9 percent in November
  2. Consensus 0.8 percent, we had anticipated 0.6 percent
  3. Driven by ecommerce and electronics (Black Friday)

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

Fast Comment Norway — Preview: Retail sales in November

  1. Spending has continually disappointed over the past year
  2. Did Black Friday offer any boost to retail spending?
  3. We factor in some rise at least, as we expect retail spending rose by 0.6 percent m-o-m

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

Fast Comment Norway — Registered unemployment in line with expectations

  1. Unemployment at 2.3/2.4 percent, unadjusted/seasonally adjusted
  2. In line with general expectations, including Norges Bank
  3. Neutral to the key policy rate path

Marius Gonsholt Hov, Senior Economist | maho60@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