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News last 30 days

  • Good results for banks

    Norwegian banks’ profit amounted to NOK 50.9 billion in 2018. Net interest income increased by NOK 5.4 billion from 2017.

  • A small decrease in export price of fresh salmon

    In the period February 4th – February 10th the export price of fresh salmon came to NOK 56.73 per kilo, down 1.2 per cent compared to the previous seven-day period.

  • CPI up 3.1 per cent last 12 months

    The Consumer Price Index (CPI) increased by 3.1 per cent from January 2018 to January 2019, while the CPI-ATE growth was 2.1 per cent in the same period.

  • PPI went up

    After two months of significant decreases, the Producer Price Index (PPI) rose 0.3 per cent from December to January. Increased prices on fish, electricity and crude oil were the main contributors.

  • 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 to low growth in the 3rd quarter due to the unusually dry summer weather. Mainland GDP increased by 2.2 per cent in 2018 compared to 2.0 per cent in 2017.

  • Further increase in manufacturing turnover in fourth quarter

    Seasonally-adjusted figures showed that the total turnover in Norwegian manufacturing increased by 1.6 per cent from the third to the fourth quarter of 2018. Increased turnover within machinery and equipment and ships, boats and oil platforms was the main reason for this development.

  • Ships and oil platforms contribute to growth in manufacturing output

    Norwegian manufacturing output saw a strong increase of 1.5 per cent from the third to the fourth quarter of 2018, according to seasonally-adjusted figures. This is the third consecutive quarter with output growth in 2018. The increase in the fourth quarter is particularly related to strong activity within ships, boats and oil platforms.

  • Record high wind power generation

    A total of 3.9 TWh of wind power was generated in 2018, which is 36 per cent or 1 TWh more than in 2017 and the highest level ever recorded.

  • Decrease in export price of fresh salmon

    In the period January 28th – February 3rd the export price of fresh salmon came to NOK 57.41 per kilo, down 5.6 per cent compared to the previous seven-day period.

  • A record-breaking year

    There were 33.8 million guest nights in Norwegian accommodation establishments in 2018. This is 1.5 per cent more than in 2017, making 2018 the 5th record-breaking year in a row.

  • Increased money supply growth

    The twelve-month growth in the monetary aggregate M3 was 3.3 per cent to end-December 2018, up from 2.6 per cent to end-November. Households’ growth in M3 was 4.2 per cent to end-December, down from 4.6 per cent the previous month.

  • Decreased growth in domestic loan debt

    The twelve-month growth in the credit indicator C2 was 5.4 per cent to the end of December 2018, down from 5.6 per cent the previous month.

  • Decline in retail sales

    The seasonally-adjusted volume index of retail sales decreased by 1.8 percent from November to December 2018. This follows an increase of 1.1 percent from October to November 2018.

  • Decrease in export price of fresh salmon

    In the period January 21st – January 27th the export price of fresh salmon came to NOK 60.83 per kilo, down 3.3 per cent compared to the previous seven-day period.

  • These were the most popular names in 2018

    Names that were popular in the 2000s topped the name statistics for both boys and girls last year.

  • Expected activity increase in manufacturing

    Norwegian industrial managers report a production level increase as well as growth in the total stocks of orders in the fourth quarter of 2018. The general expectations for the first quarter of 2019 are also positive among most of the industry leaders, and further growth is expected in the activity level as well as in employment.

  • Lowest catch in rivers in 30 years

    In 2018, 146 800 salmon, sea trout and migratory char were caught in Norwegian rivers, which is the lowest catch since 1988, and 19 per cent less than the year before. Of these, 78 per cent were slaughtered and 22 per cent were caught and released.

  • Unemployment at 3.8 per cent

    Adjusted for seasonal variations, there were 106 000 unemployed persons in November. This accounted for 3.8 per cent of the labour force, down 0.2 percentage points from August.

     

  • Increased labour force

    The labour force increased quarter-on-quarter both for men and for women to the 4th quarter of 2018.

  • Higher earnings from abroad

    In 2017, Norwegian owners of direct investment abroad received considerably higher earnings compared to previous years. In total, Norwegian investors received NOK 73 billion in 2017, an increase of almost NOK 19 billion from 2016.

  • Decrease in export price of fresh salmon

    In the period January 14th – January 20th the export price of fresh salmon came to NOK 62.88 per kilo, down 1.6 per cent compared to the previous seven-day period.

  • Credit indicator

  • Monetary aggregates

  • Activity in centre zones

  • Electricity