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Results: listing 25 - 30 of 723 for “EUR/NOK”

Fast Comment Norway — Business tendency survey for Q2: positive signals

  1. The industrial confidence indicator for Q2 was 9.2, up from 6.8 in Q1.
  2. The fourth consecutive quarter where the indicator was positive
  3. Pointing to improved momentum in the coming months

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

Fast Comment Norway — Preview next week: Retail sales, registered unemployment and housing prices

  1. Retail spending probably contracted in June, following a spike in May
  2. Housing prices probably rose again in July (S.A)
  3. Further downtrend in registered unemployment

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

Fast Comment Norway — Preview: LFS unemployment in May (Wednesday)

  1. We estimate LFS unemployment was 3.8 percent in May (3.7 percent in April)
  2. Labour supply probably picked up again in May
  3. Downtrend in unemployment still intact; recall it was 3.9 percent at the end of Q1

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

Fast Comment Norway — Core slightly lower in June; as widely expected

  1. The CPI-ATE at 1.1 percent in June, slightly down from 1.2 percent in July
  2. Well in line with expectations, including Norges Bank
  3. Supporting Norges Bank’s arguments for a rate hike in September

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

Fast Comment Norway — Core inflation expected to be slightly lower in June (due Tuesday)

  1. We estimate the CPI-ATE at 1.1 percent in June, down from 1.2 percent in May
  2. In line with Norges Bank
  3. The usual caveat: CPI-ATE is volatile throughout the summer months.

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

Fast Comment Norway — Manufacturing output continues to surprise on the downside

  1. Manufacturing output fell by 0.7 percent in May
  2. Well below market expectations
  3. About zero percent growth over the past three months; weaker than generally expected

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