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Statistics Norway – official statistics about Norwegian society since 1876

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News

Revision of government finance statistics

Revised data on general government revenue and expenditure is now available. The purpose and consequence is an extension of the scope of central and local government, and furthermore a reclassification of certain types of revenue and expenditure.

CPI up 1.6 per cent last 12 months

The Consumer Price Index (CPI) increased by 1.6 per cent from August 2018 to August 2019, while the CPI-ATE growth was 2.1 per cent in the same period.

Price increase on natural gas

A reduction in the price of crude oil of almost 5 per cent decreased the producer price index (PPI) slightly from July to August, but with a sharp increase in the price of natural gas, the drop in the total index was minimal.

Economic trends for Norway and abroad

Interest rate likely to have peaked

The Norwegian economy is facing a change of pace. Lower international growth means that the economic upturn is likely to be over within a year’s time.