May 23, 2007 - Norwegian mainland GDP growth rose to 1.4 pct in the first quarter from a revised fourth quarter figure of 1.0 pct, Statistics Norway said.
The driving forces behind the growth in quarterly GDP were a rise in overall employment combined with an increase in household consumption, the organisation added.
Additionally, the statistics office said, most industries experienced strong growth during the quarter, with manufacturing output rising by 0.5 pct, and private services expanding by 2.1 pct.
The fourth quarter GDP was revised downwards from the previously-announced 1.2 pct due to new information about Norwegian oil and gas extraction.
Wednesday, May 23, 2007
Norway mainland Q1 GDP growth 1.4 pct, up from revised 1.0 pct in Q4
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