Bergo on cyclical developments and monetary policy

In a speech on 'Cyclical developments and monetary policy' given on 10 November, Jarle Bergo of Norges Bank said reports from Norges Bank's regional network confirm the picture of an expanding economy.

"Signals from the regional network indicate that employment is continuing to increase in the building and construction sector, while manufacturing reports a slight decline. Employment in the service sector is rising for the first time since the network was established in October 2002. Directorate

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