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CPI up 2.6 per cent last 12 months
From October 2023 to October 2024 the Consumer Price Index (CPI) increased by 2.6 per cent, while the CPI adjusted for tax changes and excluding energy products (CPI-ATE) rose by 2.7 per cent. The CPI increased by 0.6 per cent from September 2024 to October 2024, while the CPI-ATE increased by 0.2 per cent.
Slower price growth within the manufacturing industry
The prices Norwegian manufacturing producers receive for their goods remain higher than a year ago. However, in recent months, the rate of price increase has slowed. This trend applies to both exports and goods sold within Norway.
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.
Norwegian abatement targets for 2035
The Norwegian government is in the process of specifying abatement targets applying to the period between 2030 and 2050 and will submit new pledges to the United Nations in 2025. To inform these processes, this report examines and discusses the costs and macroeconomic impacts on the Norwegian economy of introducing different greenhouse gas (GHG) emissions targets and target structures for 2035.
