Research Briefing | Jul 27, 2021

Norway | A strong bounce back in economic activity in Q2

norway a strong bounce back in economic activity

Signs continue to point towards a strong bounce back in economic activity in
Q2. The vaccine rollout has advanced rapidly in recent weeks and brings the
inoculation rate closer in line with the Nordic average.

What you will learn from this report:

  • Consumption of services recorded its fastest monthly growth
    since June 2020
  • Rising firm employment expectations bodes well for the labour market recovery,
  • Conflicting inflation signals could pose a challenge for Norges Bank
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