Norway suffers historic drop in non-oil GDP – marketwatch

Norway suffers historic drop in non-oil GDP – marketwatch

The Norwegian economy contracted at an unprecedented rate in the second quarter due to the coronavirus pandemic and lockdown measures, preliminary data from the country’s statistical agency showed on Tuesday.

Mainland Norway’s GDP – which excludes the country’s oil activities and shipping – fell 6.3% in the second quarter from the previous one. Economists polled by the Wall Street Journal…

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