Norwegian economy

Economic Survey 3-2015

Published:

The Norwegian economy has been in a clear, petroleum-driven cyclical downturn for a year, and is currently being subjected to strong impulses from various quarters. The fall in demand from the petroleum industry is generating strong negative impulses, while the weak krone exchange rate is having a stimulating effect on the economy.

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Weak economic trends

Published 13 March 2014

The moderate growth in activity experienced last year is expected to continue for another few years. Loss of powerful growth impulses from petroleum investments will be replaced by a moderate increase in growth in other demand. Unemployment will continue to rise slightly, to almost 4 per cent in 2015.

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