NEWS

Norway’s economy eked out a slight gain last quarter, helped by unusually wet weather, likely keeping alive bets the central bank will extend tightening.

Mainland gross domestic product, which excludes Norway’s offshore industry, grew 0.1% from the previous three months, when it was unchanged, the statistics office said on Thursday. The development was weaker than both a 0.2% gain forecast by analysts in a Bloomberg survey, and Norges Bank’s prediction of a 0.3%

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