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Results: listing 13 - 18 of 446 for “NOK/SEK”

Fast Comment Norway — Still weak trend in retail spending; LFS unemployment higher than expected by NB

  1. Retail sales up 0.6 pct in Mar, following a severe drop in Feb; slightly negative pace in Q1
  2. LFS unemployment unchanged at 3.8 pct in Feb, higher than anticipated by NB
  3. We still believe it is too soon for Norges Bank to hike its policy rate in Jun; we stick to Sep

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

Fast Comment Norway — Preview: Labour market data and retail spending

  1. Small changes to registered unemployment; survey unemployment probably down (rates)
  2. Retail spending probably picked up in March following a severe drop in February
  3. We stick to our forecast of a rate hike in September

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

Fast Comment Norway — Core inflation expected to have eased slightly in March

  1. We expect the CPI-ATE at 2.5 percent in March, slightly down from 2.6 percent in February
  2. Norges Bank is expecting 2.6 percent
  3. Deviation not significant; we continue to expect the next rate hike to come in September

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

Fast Comment Norway — The manufacturing trend has slowed a bit, but still positive

  1. Manufacturing output down 0.3 percent in February, below expectations of +0.3 percent
  2. Second consecutive decline, although the 3-month change remains positive
  3. Rising petroleum investments giving a temporary boost; slowing expected from next year

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

Fast Comment Norway — Housing prices continued to show a moderate positive trend in March

  1. Housing prices rose 0.3 percent in March (seasonally adjusted)
  2. Developments in Oslo were somewhat stronger, with 1.0 percent growth (S.A.)
  3. Well in line with Norges Bank's forecasts

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Fast Comment Norway — Registered unemployment fell further in March, as expected

  1. Registered unemployment down as expected; broadly in line with Norges Bank as well
  2. The adjusted unemployment rate now stands at 2.3 pct, as NB has expected for Q1 and Q2
  3. We stick to our call for the next rate hike to come in September

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