Norway: Staff Report for the 2005 Article IV Consultation

Publication Date:

June 14, 2005

Electronic Access:

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Summary:

This 2005 Article IV Consultation highlights that Norway’s real mainland GDP growth rebounded strongly in 2004, after a slowdown that began in late 2002. Very supportive monetary conditions, high oil prices, rising housing prices, strengthening consumer and business confidence, and an improved world economy contributed to the pickup in activity. The outlook for 2005 and 2006 is promising, with most of the factors that propelled the economy forward last year expected to continue into the near future.

Series:

Country Report No. 2005/196

Subject:

English

Publication Date:

June 14, 2005

ISBN/ISSN:

9781451829761/1934-7685

Stock No:

1NOREA2005001

Pages:

58

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