Norway: 2023 Article IV Consultation-Press Release; and Staff Report

July 26, 2023

Preview Citation

Format: Chicago

Norway: 2023 Article IV Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2023) accessed November 15, 2024

Summary

After strong performance in 2022, some deceleration in growth is expected, given geopolitical headwinds and tightening of financial conditions, including globally. Risks are balanced, and there is ample policy space in the short term to accommodate downside surprises. However, leveraging its strong fundamentals, Norway is encouraged to focus on the longer-term structural agenda, given soon-to-be-pressing issues with demographics.

Subject: Central bank policy rate, Consumption, Financial services, Fiscal policy, Fiscal stance, Inflation, International organization, Labor, Labor markets, Monetary policy, National accounts, Prices

Keywords: Central bank policy rate, Consumption, Fiscal stance, Global, Inflation, Inflation expectation, Inflation risk, Labor markets, Liability positions vis-a-vis nonresident, Mainland GDP growth, Money market rate

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2023/272
Stock No:

1NOREA2023001
ISBN:

9798400246791
ISSN:

1934-7685

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