Bloomberg News

Norway Sees Mainland Economy Expanding 3.1% Next Year

By Jonas Bergman
October 06, 2011

Oct. 6 (Bloomberg) -- Norway said it sees mainland economic growth accelerating to 3.1 percent next year from 2.8 percent this year, according to today’s budget. Underlying inflation will accelerate to 1.8 percent next year from 1.1 percent this year as unemployment will remain at 3.3 percent for both years.

Overall economic growth, including oil and shipping output, will be 2.4 percent next year, up from 1.7 percent this year, the government said.

To contact the editor responsible for this story: Jonas Bergman at jbergman@bloomberg.net

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