Norwegian consumer confidence improved in the first quarter of this year as households started expecting an end to the coronavirus pandemic with the start of vaccinations, results of a survey by Finance Norway showed Tuesday.
The expectations barometer climbed to -5.1 from -9.2 in the fourth quarter of 2020.
"The barometer now indicates that most households are confident in their own finances and have both funds and a desire for increased consumption when large parts of the population have been vaccinated," Finance Norway CEO Idar Kreutzer said.
"This will help lift activity in the Norwegian economy."
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