March 19, 2018 / 9:02 AM / 6 months ago

Norway's 2018 retail sales growth outlook cut to 3 pct -Virke

OSLO, March 19 (Reuters) - Norwegian retail sales will probably grow by 3.0 percent on a nominal basis in 2018, below a September forecast of 4.0 percent but up from 2.5 percent in 2017, the Enterprise Federation of Norway, also known as Virke, predicted on Monday.

The forecasts, measuring the value of all sales, are not adjusted for inflation. Statistics Norway expects core inflation of 1.7 percent in 2018. (Reporting by Camilla Knudsen, editing by Terje Solsvik)

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