Norway continues developing on set course in Q1 2016

Source: WBP Online
© Reuters
Latest data on Norway published on Thursday indicates at steady growth in the first quarter of 2016. After a rate review Norges Bank, as expected by analysts, decided not to change its discount rate and left it at 0.5%. The Scandinavian oil producing country's GDP increased by 1% on a quarterly basis, but analysts forecasted a 0.1% growth after a revised decline of 1.3% in previous quarter.
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