DCSIMG

Somewhat stronger business survey

Published date: 7 May 2012 | Disclaimer
Erik Bruce

Norges Bank April Regional network (business survey) says growth has been “somewhat stronger than expected”. This could point to a somewhat higher Q2 mainland GDP growth than Norges Bank expected (0,7% q/q) .

Developments in employment had been broadly in line with expectations.

Not a survey that will have any impact on the decision on this week’s meeting, but of course on future decisions if confirmed by hard data.

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