Plus   Neg

Mainland Norway Growth Slows In Q3

Mainland Norway's growth slowed in the third quarter as there was a marked decline in agricultural output due to a drought in the summer, Statistics Norway said Tuesday.

Gross domestic product, excluding the largely petroleum-based offshore sector, grew by 0.3 percent in the third quarter after a 0.7 percent expansion in the three months to June.

The growth rate for the whole of Norway increased to 0.6 percent from 0.4 percent in June.

The slump in the agricultural output deducted 0.2 percentage points from mainland growth, the statistical office said.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT