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There was a decline in economic activity in each of the first three months of the year. Measured in constant prices, GDP for
mainland Norway fell by 1.0 per cent in the 1. quarter after a recovery in the two previous quarters, according to seasonally
adjusted figures from the national accounts.
The Consumer Price Index (CPI) increased by 0.3 per cent from March to April 2021, while the CPI-ATE increased by 0.4 per
cent in the same period. From April 2020 to April 2021 the CPI rose by 3.0 per cent, while the CPI-ATE growth was 2.0 per
6 May 2021: Seasonally-adjusted figures show that the total turnover in Norwegian manufacturing continued the positive development
and increased by 6.7 per cent in the first quarter of 2021 compared with the fourth quarter of 2020. On a monthly basis, from
February to March 2021 the manufacturing turnover increased by 1.1 per cent.
The spread of the COVID-19 virus and infection control measures continue to mark economic developments in Norway. The first
lockdown in March 2020 led to mainland GDP falling by around 11 per cent from February to April last year, according to the
monthly national accounts.
Activity in the Norwegian economy is expected to see a marked increase this summer as a result of the vaccination programme.
The key policy interest rate is likely to return to the pre-pandemic level of 1.5 per cent in 2024.
Strong ageing, lower population growth, as well as a larger and older immigrant population. According to the 2020 national
population projections, these are some of the important changes that will occur this century. In the short term, the Corona
pandemic is not expected to increase mortality rates, but fertility and immigration are expected to be temporarily lowered.
The spread of coronavirus has increased the demand for more frequent publications of deaths in Norway. Every Tuesday at 8am
the latest weekly death statistics will be published here. It should be noted that these figures are preliminary and refer
to all deaths, not only those related to coronavirus.
The Sustainable Development Goals consist of 17 goals and 169 targets that see the environment, economy and social development
in context up to 2030. This fact page shows developments in selected areas.