Norway's GDP growth surprises to the upside as exports advance

Source: Bloomberg
© scanpics/FP
Norway's GDP growth unexpectedly accelerated in the fourth quarter of 2014, as exports increased by 3.4%. Gross domestic product rose 0.5% in the fourth quarter after a 0.4% increase a quarter earlier. Total increase in output equals 0.9%, compared with a forecast of 0.6% growth. At the same time, consumer spending added 1%.  

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