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Global Economic Outlook

Norway: September 2010 Outlook Update

By Mikko Forss

  • Private consumption is slowing, but will nevertheless be the main growth driver in 2010 and 2011.
  • Weak competitiveness and frail external demand will mean sluggish growth for exports of traditional goods (i.e. excluding oil, gas, oil platforms and ships).
  • We do not expect further rate hikes in…

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