Business cycles

Statistics

Business tendency survey for manufacturing, mining and quarrying
Current data on the business cycle for manufacturing, mining and quarrying
Economic trends
Describe the economic situation in Norway and abroad, and give estimates of the main economic variables for the current year and the three subsequent years.
Index of industrial production
Monitors the development of added value in oil and gas, manufacturing, mining and electricity
Producer price index
Measures the price of domestic produced goods sold both to the Norwegian and foreign market
Commodity price index for the industrial sector
The statistics has been discontinued
Index of orders in manufacturing
The statistics has been discontinued

Analyses, articles and publications

Showing 10 of 47

  1. Economic Survey 1/2025

    Norway’s economic growth has been modest for two and a half years. High inflation and consequent interest rate hikes have had the effect of dampening activity. At the same time, unemployment has risen from a low level. It is currently around 4 per cent, in line with the average for the 2010s.

  2. Comparing tax burden and public spending between countries

    Norway’s tax burden is among the highest in the OECD. The report shows three different measures of the tax burden for Norway.

  3. Trade conflicts will not curb growth in the Norwegian economy

    Despite increased international trade barriers, we expect clear growth in the Norwegian economy, driven by increased purchasing power for households, higher defence investments and a recovery in housing construction.

  4. Economic trends for Møre og Romsdal

    The economic development in Møre og Romsdal has been moderate the past couple of years. Inflation fell considerably in the past year, but interest rates are still high, partly due to a continued weak Krone, a tight labor market, relatively high wage growth and continued high interest rates abroad, especially in the USA and the UK.

  5. Economic Survey 4/2024

    Economic growth has been moderate since mid-2022. Repeated interest rate hikes, high inflation and weak foreign demand have curbed activity. At the same time, unemployment has increased from a low level and is now about 4 per cent, which is the same as the average for the 2010s.

  6. Getting Back on Track: Forecasting After Extreme Observations

    This paper examines the forecast accuracy of cointegrated vector autoregressive models when confronted with extreme observations at the end of the sample period.

  7. Increased purchasing power for households boosts the Norwegian economy

    Wage and income growth will be sustained by strong profitability in the wage-leading tradable sector, stimulating household consumption. Lower price growth and interest rate cuts will also increase consumption.

  8. Macroeconomic and Industry Effects of Supply-Side Climate Policy

    Petroleum-producing countries face unique challenges in meeting global emissions targets. As global petroleum consumption declines, these nations must reallocate resources and phase out a historically profitable industry.

  9. Economic Survey 3/2024

    Growth in the Norwegian economy has been modest since mid-2022. Several interest rate hikes, high inflation and low global demand have placed a damper on economic activity. At the same time, unemployment has increased from a low level, and is currently close to the average for the 2010s.

  10. Highest real wage growth in over ten years

    Strong profitability in the industrial sector and declining inflation are already leading to high real wage growth in 2024. The interest rate is most likely to be lowered from early 2025.

Older analyses, articles and publications
for subtopic business cycles.