When COVID-19 started rapidly spreading throughout Europe in March, Norway was hard hit. But under Prime Minister Erna Solberg’s leadership, the country quickly adopted strict lockdown measures and ...
Norway’s unemployment rate edged higher to 4.5% from 4.4%, a 0.1 percentage point increase equivalent to roughly a 2.3% rise in the jobless level.
Norway’s economy resumed growth in May, supporting the central bank’s view that the Nordic economy is so far holding up well to a string interest rate increases. Mainland gross domestic product, which ...
OSLO: Norway’s economy lagged expectations last quarter by barely growing in part due to a lower fisheries catch, with underlying trends likely still keeping the nation’s central bank on hold before ...
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COPENHAGEN, Denmark (AP) — Norway’s central bank on Thursday raised its key policy interest rate by a quarter of a percentage point to 0.25%, citing the normalization of the economy that suggest ...
OSLO (Reuters) - The Norwegian economy contracted 1.9% in the first quarter, the biggest drop since the 2008 financial crisis, and will shrink even more in the second quarter after efforts to halt the ...
OSLO, June 10 (Reuters) - The Norwegian economy is growing faster than expected this year and inflation is accelerating, which will likely trigger a more rapid increase of interest rates by the ...
The Norwegian economy is set to grow rapidly in the next several years as it recovers from the impact of the pandemic, setting the stage for an imminent central bank rate hike, Statistics Norway (SSB) ...