Economy Page Updated!

The economy page has been updated. The budgetary figures have been updated using figures from the Norwegian State Budget website instead of Statistics Norway. Per a reader’s email, it is more accurate to use non-petroleum budgetary figures to better reflect that state of the economy. …

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Economy Page Update

We updated the Economy page with the latest figures from Statistics Norway, Norges Bank, and other sources. Please see the pages: In the Budget Indicators dashboard, we added Government Budget and Expenditures.  That will better reflect overall government fiscal health. We renamed the final dashboard to …

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Economy Page Updated to Include Housing Figures

In addition to macroeconomic and budgetary figures, I added housing data and analysis, helping people understand the connection between the apartment price and global currencies like Gold and the US Dollar. See the Economy for more. [wps-social-ninja global-settings=”0″ show-count=”0″ show-before-post-content=”0″ show-after-post-content=”0″ align=”left” social-engines=”facebook,twitter,linkedin,googleplus,reddit” layout=”wps-sn-layout-round” /]

Norway’s Lowest Trade Surplus in 17 Years

The Norwegian trade balance continues to deteriorate as oil loses significance. When surpluses turn to deficits, the NOK will be affected. In these situations, nations (Central Banks) generally like to see their currencies weaken to boost exports. Norges Bank recently indicated that a rate cut …

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The Norwegian Economy Overview Section

Please visit the Economy section, located on the sidebar. The page lists the key economic indicators, going back to 2006. The dashboard gives a historical perspective in a convenient format. The figures are updated monthly to quarterly, depending on data releases from Statistics Norway, Norges …

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Norwegian Housing Bust or Krone Crash?

Summary: The general voting population is in over their heads. Inflationary bias Expanding money supply Stimulation expected Increasing Debt on Low-Interest Rates: Oslo real-estate agents predicted that housing will jump at least another 15% in the coming year. Despite this fact and that inflation is …

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