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Norwegian industrial managers report unchange production in manufacturing in the 4th quarter. New orders from both the domestic and export markets were unchanged. The general expectations for the 1st quarter of 2025 are positive for all types of goods.

In the period of January 6th – January 12th the export price of fresh salmon came to NOK 117.77 per kilo, down by 6.1 per cent compared to the previous seven-day period.

From December 2023 to December 2024 the Consumer Price Index (CPI) increased by 2.2 per cent, while the CPI adjusted for tax changes and excluding energy products (CPI-ATE) rose by 2.7 per cent. The CPI and the CPI-ATE both decreased by 0.1 per cent from November 2024 to December 2024.

Prices within the manufacturing industry increased 3.7 per cent in 2024, which is about the same as the year before. The price growth within manufacturing was very high in both 2021 and 2022. Since then, the prices have continued to increase from year to year, but now in a much slower pace. The prices for energy goods decreased in 2024.

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