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Friday, March 29, 2024

Tag: economy

Norwegian banks boost interest rates, again

Norway's biggest bank, DNB, was once again the first to announce another interest rate hike this week. It comes after the country's central bank...

Inflation rate begins to dip

Norwegian economists were pleasantly surprised last week, when new figures showed a consumer price index (CPI) for July that indicates prices in Norway were...

Krone gained more strength

The cost of one US dollar fell under 10 Norwegian kroner for the first time since last winter on Thursday. It didn't last long, but...

High housing prices start to sink

Norway's notoriously high housing prices fell last month for the first time this year, by a national average of 1.2 percent. Analysts expect a...

Rate hike aimed at curbing inflation

Norway's central bank stepped up its battle against inflation on Thursday, raising interest rates once again by a half- instead of a quarter-point. It's...

New settlements avert more strikes

Labour representatives for more than 32,000 workers in Norway's retail and service industries came to terms with the workers' employers organization Virke on Tuesday....

Central bank raises rates, again

Norway's central bank had little choice but to raise its policy rate once again on Thursday, if by only another quarter-point. Several Norwegian economists...

Weak ‘krone’ baffles the experts

NEWS ANALYSIS: Norway's economy remains strong, its biggest companies are more profitable than ever, the price of its oil is still high and unemployment...

‘Bonus bonanza’ behind major strike

Norwegian labour leaders and employers' representatives fundamentally disagree over whether a 5.2 percent wage increase would have given workers the "real pay growth" they...

Skiing holidays lead to more

Hundreds of thousands of Norwegians just back from Easter skiing holidays are already on track for more vacations, despite their weak currency and ongoing...

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