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National accounts and business cycles: Business cycles

All content for subtopic business cycles

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  • Growing optimism in manufacturing

    Norwegian industrial managers report a moderate increase in production in the first quarter. New orders and stock of orders also increase marginally. The general expectations for the second quarter of 2021 are also positive among most of the indus...

    Article
  • Economic impact of COVID-19

    Reports 2021/14

    Publication
  • COVID-19, Economic Cost and the Role of Fiscal Policy

    Reports 2021/13

    Publication
  • Economic Survey 1-2021

    The spread of the COVID-19 virus and infection control measures continue to mark economic developments in Norway. The first lockdown in March 2020 led to mainland GDP falling by around 11 per cent from February to April last year, according to the...

    Article
  • Interest rate increases on the horizon

    Activity in the Norwegian economy is expected to see a marked increase this summer as a result of the vaccination programme. The key policy interest rate is likely to return to the pre-pandemic level of 1.5 per cent in 2024.

    Article
  • Slightly improved mood in manufacturing

    Norwegian industrial managers report a slight increase in production in the fourth quarter. The growth comes from low levels after sharp falls in the level of activity in the first half of 2020 as a result of the corona pandemic. The general outlo...

    Article
  • Economic Survey 3-2020

    The Norwegian economy is once again impacted by some sectors of economic activity being shut down or severely reduced. 

    Article
  • Vaccination pushes up interest rates

    From the summer of 2021, economic activity is expected to increase markedly, as the population is vaccinated and the impact of the pandemic diminishes. We expect a gradual rise in interest rates from mid-2021.

    Article
  • Spillover-effects from the offshore petroleum to the mainland economy

    Reports 2020/45

    Publication
  • Effects of reducing Norwegian extraction of oil and natural gas

    Reports 2020/38

    Publication
  • Still weak figures in manufacturing

    Norwegian industrial managers report a further downturn in the total production volume in the third quarter of the year. There is low numbers of new orders and major uncertainty related to the coronary pandemic. The general outlook for the four qu...

    Article
  • Economic Survey 2-2020

    The recovery of the Norwegian economy continues after the sharpest contraction in recent times. As a consequence of the outbreak of the coronavirus in Norway and subsequent lockdown of many activities,

    Article
  • Better times in sight, but situation remains serious

    The Norwegian economy is still trying to recover from its most extensive downturn in recent times, but activity is not expected to return to the pre-pandemic level until the end of 2021. We expect a gradual rise in interest rates from 2021.

    Article
  • Downturn continues in manufacturing

    Norwegian industrial managers report a further downturn in the total production volume in the second quarter of the year. Major uncertainty related to the coronary pandemic contributes to the general outlook for the third quarter of 2020 is charac...

    Article
  • Economic Survey 1-2020

    The outlook for the Norwegian economy has changed completely within a short space of time. The outbreak of the coronavirus and subsequent infection control measures have caused an enormous slowdown in the Norwegian economy since mid-March.

    Article