Country Economic Forecasts > Norway - Oxford Economics Services

Country Economic Forecasts > Norway

Country Economic Forecasts > Norway - Oxford Economics Services
Country Economic Forecasts > Norway
Published May 09, 2016
10 pages — Published May 09, 2016
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

Crude oil prices have rallied in recent months, providing a degree of relief for the oil-dependent Norwegian economy. Alongside an upgrade to our oil price forecast for this year, we have nudged up our forecast for investment and subsequently overall GDP growth to 0.7% from 0.5% before. But the latest data on retail sales, industrial output, the PMI and unemployment are all weak and support our view that the mainland economy will grow at its slowest pace since the financial crisis this year, at 1%. Meanwhile, inflation rose to 3.4% in March and remains above the central banks 2.5% target, largely driven by the oil-driven plunge in the krone since mid-2014. However, we expect subdued economic growth and the modest firming of the krone seen so far in 2016 to help inflation ease back this year, falling below target in Q1 2017 as the currency strengthens back to below NOK9/1.

  
Source:
Document ID
333428
Country
Format:
PDF Adobe Acrobat
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Sections

Title
Norway:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Norway" May 09, 2016. Alacra Store. May 18, 2025. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Norway-2111-5885>
  
APA:
Oxford Economics Services. (2016). Country Economic Forecasts > Norway May 09, 2016. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-Norway-2111-5885>
  
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