November 19, 2019 / 5:45 AM / 17 days ago

Norway's consumer confidence drops to 2.5-year low -Finance Norway

OSLO, Nov 19 (Reuters) - Norway’s consumer confidence fell to 13.4 points in the fourth quarter on a seasonally adjusted basis from a revised 15.0 points in the third, a survey by lobby group Finance Norway (FNO) showed on Tuesday.

It was the weakest reading since the second quarter of 2017, when the index stood at 12.5 points.

While the country’s overall economy has fared well in 2019, the survey showed households believe the outlook for 2020 has weakened, FNO said. (Reporting by Terje Solsvik; Editing by Muralikumar Anantharaman)

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