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National accounts and business cycles
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Moderate economic upturn in the first half of this year
GDP for mainland Norway increased seasonally adjusted by 0.7 per cent in the second quarter of 2017 and continued with the same growth as the previous quarter. The recovery came after two and a half years with weak growth.
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Stocks of orders down again
Compared with the second quarter of 2016, total stocks in the order-based industry fell by 9.0 per cent in the second quarter of 2017.New orders were up 5.7 per cent in the same period.
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Natural gas prices pulled down the PPI
The producer price index (PPI) fell for the fifth month in a row from June to July. This time it was lower prices on natural gas that were the most important contributor.
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Small increase in manufacturing output in the second quarter
Norwegian manufacturing output saw a minor increase of 0.7 per cent in the second quarter of 2017 compared to the previous quarter, according to seasonally-adjusted figures. From May to June 2017, manufacturing output went down 0.6 per cent.
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Still difficult for petroleum-related manufacturing
Norwegian industrial managers report a production decline compared with the first quarter of 2017, still driven by suppliers to petroleum related manufacturing. The general expectations for the third quarter of 2017 are positive among most of the ...
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Energy prices fell in June
The decline in the PPI from May to June 2017 was due to a price drop on energy goods of 5.6 per cent. Lower prices on crude oil, refined petroleum products and electricity were the main cause.
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Minor changes in manufacturing output
Norwegian manufacturing output saw a minor increase of 0.4 per cent from March to May 2017 compared to the previous three-month period, according to seasonally-adjusted figures. On a month to month basis, from April to May 2017, manufacturing outp...
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Optimal location of renewable power
Discussion Papers no. 862
A decarbonization of the energy sector calls for large new investments in renewable energy production. When choosing the location for increased production capacity, the producer has typically limited incentives to take fully into account the inves...
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Distribution of household income and consumption on demographics and income decile
Reports 2017/17
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Economic Survey 2-2017
Interim seasonally adjusted quarterly national accounts figures (QNA) show an upswing in economic growth in the first quarter of 2017. Mainland GDP increased by an annualised 2.6 per cent, which is higher than estimated trend growth of 2 per cent....
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Immigration and the Dutch disease
Discussion Papers no. 860
The EU-enlargement in 2004 increased labour migration and affected the Norwegian labour market in particular. We study how this modified the Dutch disease effects during the resource boom 2004- 2013.
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Households’ net financial assets exceeded NOK 1 000 billion
Households’ net financial assets amounted to NOK billion 1 037 at the end of the first quarter of 2017. This is the first time that net financial assets have surpassed NOK 1 000 billion. The increase during the last quarter is due to both positive...
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Identifying fertility contagion using random fertility shocks
Discussion Papers no. 861
Does the fertility behavior of one individual affect the fertility choices of another? This study aims to estimate fertility contagion net of unobserved heterogeneity, using sibling networks as an empirical example.
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Upward trend in manufacturing prices
The PPI fell by 0.8 per cent from April to May. This was to a large degree caused by a lower price of crude oil. The prices within manufacturing fell slightly this month, but have mostly been upward trending the last twelve months.
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Economic effects of the population development for the municipality of Oslo
Reports 2017/15
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