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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 2010[...]

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