National accounts and business cycles: National accounts

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  • PPI continues to rise

    The producer price index (PPI) went up by 2.9 per cent from November to December. This was the fifth month in a row with an increase and stems from rising prices on crude oil and natural gas during the period. The PPI is now at its highest level s...

  • Prices of crude oil rose in November

    The producer price index went up by 3.2 per cent from October to November. This increase was due to a sharp rise in the price of crude oil as well as prices of electricity and basic metals.

  • Still a surplus in the balance of goods and services

    The surplus in the balance of goods and services amounted to NOK 2 billion in the third quarter, as a result of a positive balance of goods of NOK 26 billion and a negative balance of services of NOK 24 billion.

  • Stable growth in mainland GDP

    The seasonally adjusted gross domestic product for mainland Norway increased by 0.6 per cent in the 3rd quarter of 2017. The mainland economy continued at the same growth rate as the two previous quarters.

  • Prices on natural gas pulled up the PPI

    The producer price index (PPI) rose by 2.5 per cent from September to October. The main reason for this was higher prices on natural gas.

  • Higher prices on energy goods

    The producer price index (PPI) rose by 2.9 per cent from August to September. This was mainly caused by the price development on energy goods, which as a whole went up 7.8 per cent. Crude oil, natural gas, electricity and refined petroleum product...

  • Crude oil and petroleum products pulled up the PPI

    The producer price index (PPI) rose by 0.4 per cent from July to August. This broke a downward trend in the PPI as it went down the previous five months.

  • Trade deficit

    For the third time in the last five quarters, Norway had a negative balance of goods and services. This is the third time since the start of the 21st century that Norway experience a trade deficit.

  • 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.

  • 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.

  • 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.

  • Distribution of household income and consumption on demographics and income decile

    Reports 2017/17

  • Decreased real disposable income for households

    Disposable income in households increased by NOK 2 billion in the first quarter of 2017 according to seasonally adjusted figures. This corresponds to a decrease in real disposable income of 2.4 per cent.

  • Increase in current account surplus

    A higher balance of goods and services’ surplus and a somewhat stable investment income from abroad gave a strong current account balance for Norway in the 1st quarter of 2017.

  • Stable household consumption of goods

    Household consumption of goods rose 0.1 per cent from March to April 2017, according to seasonally adjusted figures. There was a decrease in purchases of vehicles and petrol, while the consumption of other goods was higher in April than in the mon...