28 November 2023 at 10:06 Nordea: Indications of unchanged interest rates in December By mistake, Norges Bank published parts of its report Regional network on Tuesday. It should actually have been published on Thursday next week. The report is a form of temperature measurement of the Norwegian economy, and shows how various industries envision the state of the economy going forward. In retrospect, Norges Bank published even more of the report once the error had first been made, to ensure that everyone had the same information base. The report shows that several of the industries surveyed see prospects for lower activity in the economy going forward. Dane Cekov, strategist at Nordea, believes this may indicate that Norges Bank will not raise interest rates in December. – Today’s figures point in the direction of an unchanged interest rate in December, but we are missing other important data points from the report. Therefore, we cannot conclude yet, says Cekov in an analysis. The complete set of figures from the fourth round of the Regional network will be published on Thursday 7 December 2023, as previously announced, writes Norges Bank.
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