Bergo on the Norwegian economy & challenges ahead

In the speech 'The outlook for the Norwegian economy and the challenges ahead' given on 25 August, Jarle Bergo of Norges Bank said the Norwegian economy is in an upturn and is now expanding at a brisk pace.

"The low level of interest rates is supporting the high activity level in the Norwegian economy.

The economic upturn is broad-based. At the beginning of the recovery, activity was primarily fuelled by private consumption, traditional exports and petroleum investment. In addition, growth in

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