Consumer Confidence Crashes To 23-Year Low In Norway As Growth Grinds To A Halt

Tuesday, February 16, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/16/2016

When last we checked in on Norway, we documented the country’s currency conundrum which is keeping the krone from depreciating as much as the Norges Bank would probably like in the face of flagging economic growth. On Tuesday we get the latest data out of the country and sure enough, GDP growth has flatlined. A rate cut next month is now virtually assured.

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