Core inflation in Norway came in above target again in February, and while we expect it to fall in the coming months, home-grown price pressures should support the rate later in the year as activity picks up pace. All told, we expect the Norges Bank to start raising interest rates, in the second half of this year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.