FOREX TradingCharts.com

Financial News: Mainland Norway GDP Expands In November

Mainland Norway GDP Expands In November

01/12/2022 - 08:06:00 (RTTNews)

(RTTNews) - Mainland Norway expanded in November mainly due to an increase in fishing and aquaculture, Statistics Norway reported Wednesday.

Gross domestic product grew 0.7 percent in November, after staying flat in October.

Industries such as fishing, aquaculture and the production of electricity tend to fluctuate on a monthly basis. When excluding these industries, mainland GDP grew 0.3 percent in November.

The economic growth continued through the autumn, said Pål Sletten, head of the National Accounts at Statistics Norway.

Despite increased infection rates in October, there were few restrictions in place in November. The effects of tighter restrictions may be more visible in December, Sletten added.

Activity in manufacturing and mining dropped 1 percent in November, while service industries grew 0.1 percent.

Total GDP for Norway, including petroleum activities and ocean transport, fell 0.3 percent in November, following a 0.8 percent drop in October. Oil and gas extraction declined 5.9 percent due to technical difficulties.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Growth Strengthens In Q4 (02 hr(s), 10 min(s), 47 sec(s) ago)
(RTTNews) - Belgium's economy grew at a faster pace in the final three months of 2021, prelimi ...Full Story»

U.S. Consumer Sentiment Drops More Than Initially Estimated In January (03 hr(s), 08 min(s), 47 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. deteriorated by more than initially estimated in the mo ...Full Story»

Hong Kong Growth Slows In Q4 (03 hr(s), 11 min(s), 47 sec(s) ago)
(RTTNews) - Hong Kong's economic expansion slowed in the fourth quarter of 2021 as investment ...Full Story»

U.S. Personal Income Rises Less Than Expected, Personal Spending Slumps (04 hr(s), 40 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story»

U.S. Personal Income Rises Less Than Expected In December (05 hr(s), 19 min(s), 47 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story»

Ireland Retail Sales Fall Further In December (06 hr(s), 37 min(s), 47 sec(s) ago)
(RTTNews) - Ireland's retail sales declined at a faster pace in December, figures from the Cen ...Full Story»

Latvia Retail Sales Rise In December (06 hr(s), 37 min(s), 47 sec(s) ago)
(RTTNews) - Latvia's retail sales grew in December, figures from the Central Statistical Burea ...Full Story»

Eurozone Money Supply Growth Slows; Credit To Private Sector Improves (06 hr(s), 40 min(s), 47 sec(s) ago)
(RTTNews) - Eurozone money supply grew at a slower pace in December and the annual growth in credi ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Growth Strengthens In Q4

01/28/2022 - 11:46 AM (RTTNews)
(RTTNews) - Belgium's economy grew at a faster pace in the final three months of 2021, prelimi ...Full Story>>

U.S. Consumer Sentiment Drops More Than Initially Estimated In January

01/28/2022 - 10:48 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. deteriorated by more than initially estimated in the mo ...Full Story>>

Hong Kong Growth Slows In Q4

01/28/2022 - 10:45 AM (RTTNews)
(RTTNews) - Hong Kong's economic expansion slowed in the fourth quarter of 2021 as investment ...Full Story>>

U.S. Personal Income Rises Less Than Expected, Personal Spending Slumps

01/28/2022 - 09:16 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story>>

U.S. Personal Income Rises Less Than Expected In December

01/28/2022 - 08:37 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.