Growth in the second half of last year was 0.4 percent, and weaker than previously estimated. From fourth quarter 2014 to first quarter of this year, employment was unchanged, after several years of steady increase, according to Statistics Norway’s income statement for the first quarter of 2015.
GDP growth of 0.5 percent in January, February and March is clearly better than expected. Norges Bank’s forecast was at 0.35 percent, while several economists believed in a more moderate growth of 0.2 percent, according to TDN Finans.
krone gained immediately against the euro, from 8.42 to 8, 37 kroner. pieces.
(© NTB)
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