March 12, 2020 / 8:46 AM / a month ago

Norway scraps economic forecasts over uncertainty

FILE PHOTO: Germra Schneider tests a person in a car outside an emergency department in Sandvika, Norway March 2, 2020. Terje Bendiksby/NTB Scanpix via REUTERS

OSLO (Reuters) - Statistics Norway (SSB) postponed the planned release of economic forecasts on Thursday due to uncertainty created by the coronavirus outbreak, it said.

SSB had been due to publish multi-year predictions for the Norwegian and global economy at 0845 GMT.

Norway, western Europe’s biggest oil and gas producer, has taken a double hit in recent weeks as the virus has spread and the price of crude tumbled.

Reporting by Terje Solsvik; editing by John Stonestreet

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