Norway unemployment goes up amid cooling economic growth

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Statistical bureau of Norway announced a surprising surge in country's unemployment rate, which increased to 3.6% in July against 3.4% a month earlier, which is still much lower than EU average at 11%. Analysts forecasted the rate to decline to 3.3%. Moreover, economists forecast the Norway's GDP to add only 1.75% in 2013, while in 2012 the economic growth was seen at 3.4%.
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