The fallout from the Russia-Ukraine conflict and a brief but sharp hit from the Omicron outbreak have prompted us to cut our 2022 mainland GDP growth...
Norway | Omicron's impact on the 2022 growth outlook appears to be mild
Posted by Rory Fennessy on Jan 28, 2022
We have lowered our mainland 2022 GDP growth forecast by 0.1ppt to 4.2% to reflect the economic impact of the Omicron outbreak at the start of the...
Europe | Real estate obsolescence risk lowest for the Nordics
Posted by Mark Unsworth on Jan 19, 2022
Our new index of European real estate obsolescence finds that the Nordic countries have the lowest risk of obsolescence and are best placed for the...
Norway | Omicron weighs on near-term growth outlook
Posted by Rory Fennessy on Dec 21, 2021
Based on the positive carryover effects from two strong months of GDP growth in August and September, we have raised our mainland GDP forecasts for...
Nordic key themes 2022: Headwinds to dissipate
Posted by Rory Fennessy on Dec 9, 2021
The Nordic countries will exit 2021 in much better shape than when they entered it. Considerable progress on vaccine rollouts and post-reopening...
Norway | Outlook for 2022 holding firm despite inflation and Covid headwinds
Posted by Rory Fennessy on Nov 29, 2021
Our 2021 mainland GDP growth forecast remains unchanged at 3.9% after the 2.6% Q3 expansion was broadly in line with our estimate, and we continue to...
Norway | Forecast for 2021 downgraded slightly, but GDP will still rebound strongly in Q3
Posted by Rory Fennessy on Oct 27, 2021
We have lowered our 2021 mainland GDP growth forecast to 3.9% from 4.1% previously after a softer-than-expected expansion in July. GDP rose by 1.1%...
Nordic outlook is bright, but downside risks are rising
Posted by Daniel Kral on Oct 13, 2021
The Nordic recovery is on track despite some surprises in the Q2 GDP components and rising downside risks. Real goods exports underperformed given...
Norway | Central bank begins the rate hiking cycle amid strong growth outlook
Posted by Rory Fennessy on Oct 1, 2021
Our 2021 mainland GDP growth forecast remains unchanged at 4.1%. With all domestic restrictions eased and the pandemic largely under control, the...
Norway | We expect growth in H2 will be driven by services
Posted by Rory Fennessy on Aug 26, 2021
The mainland economy advanced 1.4% q/q in Q2, lower than our 1.9%prediction. The final reopening of the economy has been further delayed amid...