TY - BOOK ID - 85600902 TI - Norway : 2017 Article IV Consultation-Press Release; and Staff Report. PY - 2017 SN - 1484306864 1484306848 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Petroleum industry and trade KW - Banks and Banking KW - Inflation KW - Labor KW - Macroeconomics KW - Real Estate KW - Infrastructure KW - Housing Supply and Markets KW - Price Level KW - Deflation KW - Energy: Demand and Supply KW - Prices KW - Labor Economics: General KW - Demand and Supply of Labor: General KW - Economic Development: Urban, Rural, Regional, and Transportation Analysis KW - Housing KW - Property & real estate KW - Labour KW - income economics KW - Banking KW - Housing prices KW - Oil prices KW - Labor markets KW - National accounts KW - Labor economics KW - Labor market KW - Foreign exchange reserves KW - Saving and investment KW - Norway KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:85600902 AB - This 2017 Article IV Consultation highlights that the Norwegian economy is slowly recovering from the oil shock as domestic demand grew stronger aided by accommodative macroeconomic policies. Inflation declined recently owing to the pass-through of krone appreciation, but expectations remain well-anchored. In addition, banks remain profitable and well capitalized. Mainland growth is projected to increase from just below 1 percent in 2016 to 1.75 and 2.25 percent in 2017 and 2018 respectively, supported by the recovery of exports and stronger private demand. Inflation is projected to edge down further in pace with the unwinding of krone depreciation, before converging to the target over the medium term as trading-partner inflation rises. ER -