Executive Board meeting 23 April 2008

Twelve-month change. Sources: Statistics Norway and Norges Bank.. CPI and indicators of underlying

Percent.. 17 Sources: DNB Markets, Statistics Norway and Norges Bank. Mortgage lending rates and

Source: Bloomberg.. Key policy rate, money market rate 1) and weighted bank lending rates 2). Per cent. 1)

Sources: Thomson Reuters, Bloomberg and Norges Bank 1) Broken lines show estimated forward rates per 16 December 2009.. Unbroken lines show estimated forward rates

Sources: Statistics Norway and Norges Bank Goods and services produced in Norway (0.7) 1). 1) Norges

Draft minutes of meeting between Norges Bank and the Ministry of Finance on 12 December 2006 Memo 18 January 2007 from Monetary Policy – Updated outlook for the Norwegian

Draft minutes of meeting between Norges Bank and the Ministry of Finance on 13 December 2005 CONFIDENTIAL memo 19 January 2006 Updated inflation outlook from Monetary

The Governor informed the Board that the minutes of the meeting between the Ministry of Finance and Norges Bank on 14 March 2007 had now been approved, and gave a briefing on