Money & Finance

Money and Finance

Key policy rate unchanged

As expected, the Executive Board of the Norwegian Central Bank (Norges Bank) has decided to keep the key policy rate unchanged at 1.5 percent. (Photo: Central Bank Governor Øystein Olsen)

Surprise growth in Norwegian economy

Mainland Norway’s gross domestic product (GDP) grew 1.2 per cent from the 1st quarter to the 2nd quarter this year, according to Statistics Norway (SSB). This is higher than the 0.9 per cent predicted by most financial experts.

Record-high manufacturing output

Production in Norwegian manufacturing increased by 1.2 per cent from February to April 2014 compared with the previous three-month period, Statistics Norway (SSB) reports.

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Norway

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  • 23 Nov 2017 2°C -4°C
  • 24 Nov 2017 5°C -5°C
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