Our website use cookies to improve and personalize your experience and to display advertisements(if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, Youtube. By using the website, you consent to the use of cookies. We have updated our Privacy Policy. Please click on the button to check our Privacy Policy.

More than 50% of Norwegian business leaders predict declining profit -survey

Reading Time: < 1 minute

More than half of all Norwegian business leaders now believe their companies will see declining profits in the next 12 months, a central bank survey showed on Wednesday.

A total of 51.6% predicted profitability would weaken, an increase of 29.9 percentage points from three months ago, while only 17.6% expect profits to rise, a decline of 13.2 percentage points.

Expectations for wage growth have also declined sharply, the survey showed

Via Reuters

%d bloggers like this: