An economic growth boom, an inflation comeback and government debt worries are just some of the themes at the centre of the latest Nordea Economic Outlook. Group Chief Economist Helge J. Pedersen reflects on what to expect.
As vaccines are rolled out, Norwegian society will gradually reopen. After summer, most things will be back to normal and the economy will recover fast. Clear signs of normalisation will pave the way for the first rate hike from Norges Bank in September. Housing prices are near the peak and will flatten out ahead. The NOK could strengthen further.