Norway’s economy to grow moderately
2011-11-22 23:45 -Norway’s economy continues to perform well amidst considerable global turbulence. Over the last two years, mainland GDP has grown steadily at an annual pace of 2-3 percent, supported by robust growth in consumer spending and favorable terms of trade developments. Output has now surpassed its pre-recession levels, and unemployment remains low. This solid recovery has been aided by supportive policies, including low interest rates and temporary fiscal stimulus employed during the recession.