Norwegian Industry estimates 0 growth in 2016

Managing Director Stein Lier-Hansen in Norwegian IndustryOslo 20160128. Managing Director Stein Lier-Hansen in Norwegian Industry Photo: Audun Braastad / NTB scanpix

The Norwegian industrial companies will experience a stagnation in 2016, according to forecasts from the Norwegian Industry.

NHO associated presented its economic forecast for 2016   on Thursday. According to the forecast,   the industry in Norway have to expect 0-sales growth both in domestic and export market in the year that has just started.

– It’s a disappointing forecast that is based on the information that is available to us,  the director of the branch and industrial policy Knut E. Sunde says.

The economic report is based on 400 responses from corporations and businesses, r two-thirds of the members of Norwegian Industry.

 

Source: NTB scanpix / Norway Today

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