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National accounts and business cycles
All content for topic national accounts and business cycles
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Price increase in PPI by year’s end
The producer price index (PPI) increased by 1.6 percent in December. An increase in prices on several energy goods contributed to this increase. The price decrease in some manufacturing industries dampened the increase in PPI.
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Economic Survey 3-2020
The Norwegian economy is once again impacted by some sectors of economic activity being shut down or severely reduced.
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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.
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Higher prices on crude oil and natural gas
The producer price index (PPI) increased by 4.5 per cent in November, mainly due to higher prices on crude oil and natural gas as well as refined petroleum products.
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Revisions to the financial accounts
Minor revisions are always made between first released financial accounts figures and later released figures for the same quarter. In this publication there are also some more extensive revisions.
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Steady recovery in the Mainland economy continues in October
GDP for mainland Norway increased by 1.2 per cent in October, seasonally adjusted figures show. Adjusted for unusually strong activity in traditional fishing, the growth was closer to 0.9 per cent. Monthly activity in the Mainland economy in Octob...
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Largest trade deficit since 1981
Preliminary figures show that the balance of goods and services in the third quarter of 2020 ended at NOK -20 billion. This is an all-time low. The trade deficit should be seen in the light of the corona pandemic. Both exports and imports are redu...
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Assessing income tax perturbations
Discussion Papers no. 945
We present a scheme for analysing income tax perturbations, applied to a real Norwegian tax reform during 2016 - 2018
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Spillover-effects from the offshore petroleum to the mainland economy
Reports 2020/45
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An exact additive decomposition of the weighted arithmetic mean
Discussion Papers no. 944
Several multiplicative decompositions of the unit value index are described in literature.
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Do audits improve future tax compliance in the absence of penalties? Evidence from random Audits in Norway
Discussion Papers no. 943
The Norwegian Tax Administration operated multi-year random audits of personal income tax returns. We exploit this exceptional randomized setup to estimate the effects of tax audits on future compliance explicitly distinguishing between dynamic re...
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Final National Accounts for Norway 2018 for production and value added
2018 was a good year for the Norwegian Economy. The Gross Domestic Product (GDP) for Mainland Norway grew by 2.2 per cent from the previous year, in line with preliminary estimates published in February 2019. Final figures have not changed the ove...
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Declining growth rate for mainland GDP through Q3
Seasonally adjusted figures from the national accounts show that Mainland Norway's GDP rose 0,6 per cent in September, making it the fifth consecutive estimation of monthly growth. The level of activity in September was still close to 3 per cent l...
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National accounts for Q3 2020 will be moved to Tuesday 17 November
Statistics Norway postpones the publication of quarterly national accounts for September and Q3 2020, as well as the final annual figures for 2018 from Thursday November 12th to Tuesday November 17th.
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Decomposing real GDI growth in the Norwegian market economy
Documents 2020/40
A decomposition of the contributions to growth in real national disposable income (NDI) has been published in Statistics Norway’s annual survey of the Norwegian economy.
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