Core Views
* We continue to expect a slowdown in oil sector investment, an uncompetitive export sector, and a cooling residential real estate sector to weigh on Norwegian GDP growth in 2014-15.
* The residential housing market has been a major contributor to overall real GDP growth for most of the past decade, but is set to cool over the next few years. While we have not yet seen signs of a full-blown housing crash, real estate prices have faltered, and we will be vigilant for signs of a more pronounced correction in the coming quarters.
* We believe that the newly-elected Conservative-Progress minority coalition government is unlikely to agitate for major changes in policy in the new future.
Key Forecast Changes
* We have lowered our 2014 real GDP growth forecast for Norway to 1.6% from 1.7%, and our 2015 forecast to 1.9% from 2.1% previously.
Full Report Details at
- http://www.fastmr.com/prod/871630_norway_business_forecast_report_q4_2014.aspx?afid=303
The Norway Business Forecast Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in Norway and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.
An influential new analysis of Norway's economic, political and financial prospects through end-2017, just published by award-winning forecasters, Business Monitor International (BMI).
Key Uses
* Forecast the pace and stability of Norway's economic and industry growth through end-2017.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the business environment that pose hidden barriers and costs to corporate profitability.
* Contextualise Norway's country risks against regional peers using BMI's country comparative Risk Rankings system.
* Evaluate external threats to doing business in Norway, including currency volatility, the commodity price boom and protectionist policies.
The Norway Business Forecast Report by Business Monitor International (BMI) includes four major sections: Economic Outlook, Political Outlook, Business Environment and Key Sector Outlook.
Economic Outlook:
How will the Norway economic policy-making and performance impact on corporate profitability over 2013-2017?
BMI provides our fully independent 5-year forecasts for Norway through end-2017 for more than 50 economic and key industry indicators. We evaluate growth, and also forecast the impact of economic management.
Economic Outlook Contents
The Norway Business Forecast Report features BMI's forecasts with supporting analysis for 2013 through to end-2017, set against government views and BMI's evaluation of global and regional prospects.
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Just Published: "Norway Business Forecast Report Q4 2014"
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001