Tag: economy

Trade surplus soars on energy exports

Norway can boast its largest trade surplus ever, after exports of oil, gas and electricity at high prices last year. Metals and record-high seafood...

Interest rates rise despite uncertainty

Norway's central bank (Norges Bank) is sticking to its long-term plan to gradually raise interest rates, confirming on Thursday that it's boosting its policy...

Inflation jumps to new 13-year high

So much for Christmas cheer: Norway's consumer price index (CPI) jumped by 5.1 percent from November last year to November 2021, according to new...

Omicron stirs up new uncertainties

The value of Norway's currency, the krone, was falling once again this week in a new sign of economic uncertainty tied to the Omicron...

Economic optimism logs a decline

A new survey indicates that many Norwegians don't think their country's economy will be as strong next year as it is now. Rising concerns...

Energy crisis fuels Norway’s currency

The Norwegian krone has strengthened markedly in recent weeks, as has the country's economy in general. It's a case of the rich getting richer,...

Norway is getting ‘back to normal’

NEWS ANALYSIS: Interest rates have started to rise, oil and gas exports have more than doubled and Norway will soon even have a Labour...

Economy rebounds, as expected

State statistics bureau SSB (Statistics Norway) has confirmed predictions of a rebound in the Norwegian economy as soon as Corona regulations eased. By June,...

Krone dips on zero interest rate

Norway's central bank (Norges Bank) kept its key policy rate at zero on Thursday. The lack of a long-anticipated increase was expected and the...

Rates to rise as economy rebounds

Norwegian economists are predicting brighter days ahead and Norway's central bank is following through with predictions of its own: Interest rates will probably rise...
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