Stock Market in Norway
Norway - Stock MarketThe economy expanded at a solid month-on-month pace in April, matching the expansion in March. Higher fixed investment again supported the expansion, while industrial production increased in April for the first time in six months. Reinforcing this positive picture, Norges Bank released a quarterly survey of businesses in June that indicated stronger economic growth over the next six months than had been expected in March. It also noted strong growth over the past few months, particularly on the back of higher oil investment, purchases of technology-related services and large-scale public investment, while the labor market has remained tight. Also in June, the IMF said that government spending is likely to be “mildly expansionary” this year and called for a “modest consolidation” next year to minimize risks of overheating.
Norway - Stock Market Data
|Stock Market (annual variation in %)||23.6||5.0||5.9||12.1||19.1|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||1.47||-0.65 %||Jul 11|
|Exchange Rate||8.54||-0.38 %||Jul 11|
|Stock Market||884||-0.08 %||Jul 11|
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July 9, 2019
Economic output increased 0.4% in May compared to the previous month in seasonally-adjusted terms, up from April’s revised 0.3% increase (previously reported: +0.2% month-on-month).
July 5, 2019
Industrial production rose a seasonally-adjusted 0.6% in May from the previous month, up from April’s revised 0.5% increase (previously reported: +0.2% month-on-month).
June 20, 2019
The executive board of Norges Bank voted unanimously to raise the sight deposit rate to 1.25% from 1.00% at its monetary policy meeting on 19 June, as had been widely expected by market analysts.
June 11, 2019
Consumer prices fell 0.3% in May, contrasting the 0.4% increase logged in April.
Norway: The economy expands in April and Norges Bank’s Q2 business survey points to solid future growth
June 7, 2019
According to monthly GDP data released by Statistics Norway, economic output increased 0.2% in April compared to the previous month in seasonally-adjusted terms, matching March’s expansion.