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Norway’s NHO cuts 2017 mainland GDP growth forecast

Norway’s NHO cuts 2017 mainland GDP growth forecast

OSLO: Norway’s top business lobby on Thursday cut its forecast for mainland economic growth to 1.5 percent in 2017 from an earlier prediction of 2.1 percent made in June.

The Confederation of Norwegian Enterprise, known locally as NHO, raised the forecast for 2018 to 2.2 percent growth from 2.0 percent and the 2019 outlook to 2.3 percent from 2.2 percent.