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Standard estimators of the export price elasticity assume firms set prices independently of competitors, which yields inconsistent estimates under strategic interaction.

Norwegian industrial leaders report a weak growth in total industrial production in the third quarter. The outlook for the fourth quarter is considered positive for the manufacturing as a whole.

In the period of October 12th – October 18th the export price of fresh salmon came to NOK 74.05 per kilo, up 2.1 per cent compared to the previous seven-day period.

The prices that the Norwegian manufacturing industries received for their goods increased overall by 9.2 percent from September last year to September this year. There was a significant price increase in April, and prices have remained relatively high since then. This is despite a price fall compared to the previous month in June and July.

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