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Results: listing 19 - 24 of 789 for “Norges Bank”

Fast Comment Norway — Steady upward pace in retail spending; supports a rate hike

  1. Retail spending up 0.6 percent in April; we expected 0.5 percent (consensus 0.4 percent)
  2. Previous data revised to show a steady upward pace
  3. Supports the case for a rate hike in September

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

Fast Comment Norway — Petroleum investment expectations for 2018-19, well enough in line with Norges Bank's expectation

  1. Estimate for petroleum investment in 2018 down to 1.3% from 7.1% in Q1 survey
  2. Petroleum investment in 2019 seen up 8 percent
  3. Estimates well enough in line with Norges Bank’s expectation

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

Fast Comment Norway — LFS unemployment in line with our and market expectations

  1. LFS unemployment unchanged at 3.9 percent in March
  2. Outcome in line with our and market expectations
  3. No deviation compared to Norges Bank, but registered unemployment has been running higher

Halfdan Grangård, Senior Economist | hagr11@handelsbanken.no

Fast Comment Norway — Preview: Investment survey, retail sales, credit growth, registered unemployment

  1. Petroleum investment: fFirst point-estimate given for 2019
  2. Household debt growth cooling; retail spending probably increased further in April
  3. Further downtrend in registered unemployment

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

Fast Comment Norway — Preview: survey unemployment in March

  1. LFS unemployment expected at 3.9 percent; unchanged from February
  2. Solid employment trend, matching the data from the national accounts
  3. Labour force participation picking up from its cyclical drop

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

Fast Comment Norway — Revised budget a non-event for financial markets; neutral to Norges Bank

  1. Neutral fiscal stance; fiscal impulse still calculated at 0.1 p.p
  2. Norges Bank has already taken this into account
  3. The big news today was the GDP numbers; supported the case for a rate hike in September

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