Among the Norwegian makrotallene disappointed Friday was a fall in retail sales, Industribedriftenes expectations got a dogleg, the number of registered unemployed rose and consumer confidence fell, sums up the DN.
senior economist Kyrre Aamdal in DNB Markets concludes that all of the figures were on the weak side.
– It increases the risk that growth in the Norwegian economy is not quite as strong as Norges Bank itself in september and increases the chance of rate cuts, wrote Aamdal in an update to clients Friday.
chief economist in Danske Bank, Frank Jullum think the figures give cause for concern.
– There is a growing fear of a double fall. First it drops, then take it up again, but then drops it again, he says to DN.
He believes it now appears that it will take longer before the decline of the oil industry is over.
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