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Results: listing 13 - 18 of 828 for “EUR/NOK”

Fast Comment Norway — Preview: Survey unemployment (LFS) in March

  1. LFS unemployment expected down to 3.7 pct in March, following 3.8 pct in February
  2. Labour market trends support NB's arguments for a rate hike in June
  3. Combined with a more expansionary fiscal stance, the likelihood of a third rate hike (2019) has increased

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

Fast Comment Norway — Revised fiscal budget for 2019: Surprisingly expansionary

  1. Revenue spending increasing to NOK 238bn this year, up from NOK 220bn in 2018
  2. Fiscal impulse of 0.5 percent this year, above Norges Bank's estimate
  3. All else equal: increases the possibility for two more rate hikes this year

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

Fast Comment Norway — GDP growth dampened by lower electricity transmission; underlying momentum holding up well

  1. Mainland GDP growth slowed to 0.3 percent in Q1, down from 1.1 percent in Q4 2018
  2. Largely as expected; some of the slowdown is temporary
  3. Norges Bank to hike its policy rate in June

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

Fast Comment Norway — Preview: Mainland GDP growth in Q1

  1. We expect mainland GDP growth slowed to 0.4 pct q-o-q in Q1
  2. This is below NB's estimate of 0.6 percent
  3. But most of the (expected) deviation probably explained by temporary factors

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

Fast Comment Norway — Core inflation continues to run above NB’s short-term estimates; rate hike in June

  1. CPI-ATE down to 2.6 pct in April, we and consensus expected 2.5 pct
  2. Norges Bank had forecast 2.4 pct
  3. Inflation continues to run above NB's short-term estimates; rate hike in June

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

Fast Comment Norway — Norges Bank guiding more explicitly towards a rate hike in June; hawkish

  1. Policy rate kept on hold (1.0 percent), as widely expected
  2. The outlook for the key policy rate path is little changed...
  3. ...but Norges Bank is now guiding more explicitly towards a hike in June (not September)

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