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  • Revisions to the financial accounts

    There are several revisions to the financial accounts this time. Some of them are listed below.

    Article
  • Evaluating multilateral price indices in a dynamic item universe

    Discussion Papers no. 914

    Statistics Norway has a long history of using scanner data in the Consumer Price Index (CPI). The early research – in Norway as well as internationally – was focused on supermarket data which consists largely of stable items.

    Publication
  • Price increase on natural gas

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

    Article
  • Revision of the national accounts time series

    Like in most European countries, Norway has completed a revision of the national accounts time series. The aim of this periodic revision was to incorporate new information. There have not been any changes in the definitions. The growth rate in mac...

    Article
  • The steady growth in mainland GDP continues

    Growth in gross domestic product (GDP) for mainland Norway was 0.9 per cent in May to July compared with February to April. Monthly growth from June to July was 1.0 per cent.

    Article
  • 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.

    Article
  • Weaker current account balance

    The current account balance in 2nd quarter of 2019 showed a surplus of NOK 31 billion. This is almost half of what it was in the same quarter of 2018. The main explanation of the weak current account balance is lower export of oil and natural gas.

    Article
  • Strong economic growth in Norway

    Gross domestic product (GDP) for mainland-Norway (i.e. excluding shipping and oil and gas extraction) grew by 0.7 per cent from the first to the second quarter, according to seasonally adjusted figures. Additionally, first quarter growth figures a...

    Article
  • Gambling with the family silver

    Discussion Papers no. 913

    In the early 2000s, eight Norwegian energy producing municipalities sold up to ten years of future electricity earnings and let two brokers from Terra Securities make investments on their behalf.

    Publication
  • Expected pricedrop for refined products

    A pricefall in June for crude oil and natural gas gave a steep decline in the prices for refined petroleum products in July. The prices for electricity got an upturn after five months of falling, and thus had a dampening effect on the producer pri...

    Article
  • The impact of public R&D support on firms' patenting

    Discussion Papers no. 911

    We examine the impact of both R&D tax credits and direct R&D subsidies on Norwegian firms' patenting

    Publication
  • Energy in the SNOW model

    Reports 2019/22

    The report describes inter-industry relationships between energy industries and other sectors, showing how energy output from one industrial sector may become an input to another industrial sector, energy related or not.

    Publication
  • Continued optimism in manufacturing

    Norwegian industrial managers report a production level increase as well as growth in the total stocks of orders in the second quarter of the year. The positive trend is expected to continue in the third quarter.

    Article
  • Heterogeneity and persistence in returns to wealth

    Discussion Papers no. 912

    We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax records.

    Publication
  • Price decrease on energy goods

    The price of electricity has steadily fallen during the spring of 2019, from the record breaking year of 2018. It continued this downward trend in June which, together with other energy products, contributed to a steep decline in the producer pric...

    Article