Price index down in JanuaryThe Consumer Price Index (CPI) declined from December 2011 to January 2012. Seasonal price reductions on clothing and footwear jointly contributed most to the fall, Statistics Norway reports. The Consumer Price Index (CPI) was 130.4 (1998=100) as per January 2012, compared with 129.7 in January 2011. This was equivalent to a year-to-year growth of 0.5 per cent in January 2012, up 0.3 percentage points from December.Higher energy prices contributed to dampen the fall in the CPI. Electricity prices including grid rent increased by 2.8 per cent from December to January as a result of higher spot prices and grid rent. Prices of fuels and lubricants went up by 3.6 per cent. (NRK)
Saturday, 11 February 2012 07:54
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An increasing number of Norwegian employers will only hire non-smokers. The Minister of Health, Anne Grete Strøm-Erichsen supports their decision.
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Norwegian Foreign Minister Jonas Gahr Støre says relations between Norway and Poland are continuing to grow in both breadth and depth.
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Harald Norvik, the Chairman of the Board of Directors of Norwegian telecom provider Telenor ASA, on Wednesday informed the Board that he will resign.
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The Norwegian Government has proposed to Parliament (Storting) the establishment of a new state-owned company to manage the Norwegian state-funded export credit scheme. (Photo: Minister of Trade and Industry, Trond Giske)
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Foreign Minister Jonas Gahr Støre will meet before the Parlimentary Standing Committee on Scrutiny and Constitutional Affairs on May 7th to answer questions regarding funds awarded by the Ministry of Foreign Affairs to a foundation run by a friend.
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A nationwide strike in the building industry was avoided, after the parties reached a new salary agreement in the early hours of Tuesday morning, four hours after the deadline. Earlier a new salary agreement was reached in the industrial sector.
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Exports of goods from Norway in February came to NOK 84.5 billion, while imports reached NOK 39.2 billion, a rise of 53.6 per cent from February last year, Statistics Norway reports.
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Norwegians spent NOK 11.5 billion on cross border trade last year. This is an increase of 9 per cent in retail spending abroad.
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Norway welcomes the EU’s decision to grant Serbia candidate status and to start working towards closer cooperation with Kosovo.
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Norway has transferred NOK 240 million in budget support to the Palestinian Authority (PA). Norway is one of the first donor countries to transfer its contribution for 2012.
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An average annual wage in Norway increased by 4.3 per cent in 2011, while the iaverage increase in prices was 1.2 per cent in the same period, according to official figures.
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