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A decline in Norway’s adjusted unemployment rate that suprised analysts is likely to reduce the already low chance of a reduction in borrowing costs before next year.
Get the Unemployment Rate results in real time as they're announced and see the immediate global market impact.
T he Norges Bank decided to keep its policy rate unchanged at 4.5% at its meeting on Thursday. The committee also indicated that it will likely be the rate until the end of the year.
The unemployment rate in Norway rose to 4.5 percent in May, the highest level recorded since the aftermath of the Covid-19 pandemic in 2021, according to new statistics.
Newsweek has consulted experts to determine why Norway's birth rates are declining despite its family-friendly policies.
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Norway’s economy has shown resilience amid global uncertainty, supported by strong fiscal buffers and credible policy frameworks. Mainland real GDP growth is forecast to increase to 1.5 percent in ...
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