Norway | A strong, consumer-led rebound is to be expected
Hard data indicate a positive start to Q2, and we expect the economy to
strengthen further through the summer. While a relatively slow vaccination
program raises downside risks to activity, Norway is continuing to reopen and Covid cases are falling. A large savings buffer, rising oil prices, and strong
external goods demand should support a strong, consumer-led rebound.
What you will learn about:
- Our mainland GDP growth forecast
- Mobility data is at its pre-pandemic baseline and consumer confidence is now positive
- Unemployment remains high by Norway’s standards. While recent data suggest that joblessness may be falling faster than expected in Q2
Tags:
Related Services
Post
What AI means for economies, businesses, jobs & cities
Artificial Intelligence has the potential to fix the world's productivity problems, just as previous general purpose technologies such as steam power, electricity, and computers have, in our view.
Find Out More
Post
Australia: Flight to quality occurring but secondary markets may not be doomed
We believe the most significant policy measures to come through in the budget for residential building are the announced tax tweaks for build-to-rent (BTR) development.
Find Out More