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National accounts and business cycles: National accounts
All content for subtopic national accounts
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- Statistics (10)
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Solid growth in mainland GDP in 2018
The growth in gross domestic product (GDP) in the mainland economy (i.e. excluding the shipping and petroleum sectors) was 0.9 per cent in the 4th quarter of 2018, marking an increase from the previous quarter. This increase is partly attributed t...
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Lower petroleum prices drove the PPI down
The Norwegian PPI dropped 3.5 per cent from November to December. This was caused by lower prices on crude oil, natural gas and refined petroleum products.
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Increased growth in mainland GDP
Growth in the gross domestic product (GDP) for mainland Norway was 0.6 per cent in the three-month period September-November compared with June-August. After a strong growth from September to October, the mainland economy was roughly unchanged bet...
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Sound growth in Mainland GDP in October
Growth in the gross domestic product (GDP) for mainland Norway was 0.2 per cent in August to October compared with May to July. GDP for mainland Norway grew 1.0 per cent from September to October.
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Sharp fall in crude oil prices
The producer price index fell for the first time since February 2018. Higher prices on electricity were offset by a substantial fall in the price of crude oil.
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Strong export growth
The total export of goods and services in the 3rd quarter was the highest since the start of the millennium. The preliminary estimate is more than NOK 348 billion.
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Drought slowed mainland growth
The gross domestic product (GDP) of mainland Norway (excluding the largely petroleum-based offshore sector) grew by 0.3 per cent in the third quarter of 2018. The drought in the summer caused a pronounced decrease in agricultural output, which low...
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Price of natural gas pulled up the PPI
The producer price index (PPI) rose 3.6 per cent from September to October. An increase in the price of natural gas of over 20 per cent was the most important contributor.
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Continued rise in PPI
The producer price index (PPI) rose 1.5 per cent from August to September. The increase was mainly caused by rising prices on crude oil, natural gas and refined petroleum products.
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Sustained growth in the Norwegian economy
Growth in the gross domestic product (GDP) for mainland Norway was 0.6 per cent in the months June-August, compared to the previous three months. Mainland GDP fell by 0.2 per cent from July to August.
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Statistics Norway to publish monthly GDP figures
Starting on 11 September, Statistics Norway will publish key indicators of the national accounts on a monthly basis.
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Increased growth in the Norwegian economy
Growth in the gross domestic product (GDP) for mainland Norway was 0.8 per cent in May to July compared with the previous three months. GDP for mainland Norway grew 0.2 per cent from June to July
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Higher energy prices
The previous fall in the producer price index for oil and gas, manufacturing, mining and electricity (PPI) was six months ago. Despite a lower price of crude oil in the global market, prices on Norwegian energy goods increased which caused the tot...
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High balance of income and current transfers
The balance of income and current transfers was historically high in the preliminary calculations for the 2nd quarter of 2018, with almost NOK 47 billion.
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Moderate growth in the Norwegian economy continues
Growth in the gross domestic product (GDP) for mainland Norway was 0.5 per cent in the 2nd quarter of 2018. The Norwegian economy continues to show moderate growth.
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