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UPDATE 1-Norway business activity rebounds, outlook uncertain, c.bank survey shows

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OSLO, Sept 15 (Reuters) - Norwegian business activity rebounded in the last three months as measures to contain the coronavirus outbreak were relaxed, but the outlook still remains uncertain and investments are set to decline, a central bank business survey showed on Tuesday.

The sentiment review is the last major domestic data release ahead of Norges Bank’s Sept. 24 monetary policy meeting.

Seeking to suppress the novel coronavirus, Norway in March shut schools, kindergartens and many private services, triggering a surge in unemployment.

While restriction were gradually lifted, and unemploymend declined, the government recently put further easing on hold as the rate of virus transmission increased, warning it may be forced to bring back tougher measures.

“Enterprises expect low activity growth over the next six months,” the central bank said.

“They describe uncertainty as unusually high, and developments ahead will depend largely on infection rates and containment measures,” Norges Bank added. (Reporting by Terje Solsvik, editing by Gwladys Fouche)

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