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The Norwegian economy rebounded in Q4 from a contraction in Q3, thus bringing growth in the second half of 2012 to near zero. Exports were once again negative, albeit marginally, while imports picked up as the strong NOK encouraged consumption of foreign goods and services. While public and household spending were muted, investment remained resilient and March PMI surveys point to its acceleration after a slump in January.
Source : Cushman & Wakefield
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