OECD published on 30 January 2007 Economic survey of Norway
The economy is experiencing a favourable period of robust growth, low unemployment and moderate underlying inflation. This largely reflects the effects of globalisation, of which Norway has been a prime beneficiary, supplying energy and other commodities at high prices and increasingly importing products from low cost countries. Sizeable labour migration inflows, together with sustained productivity growth, have kept cost inflation at a moderate pace.