National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for Norway
Index 2015=100, Quarterly
NAEXKP01NOQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.35
Year-over-Year Change
6.74%
Date Range
1/1/1978 - 7/1/2023
Summary
The Index 2015=100, Quarterly measures the price level in Norway's non-export manufacturing sector on a quarterly basis, with 2015 as the base year. This index is a key indicator of industrial output and inflationary pressures in the Norwegian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index 2015=100, Quarterly tracks the changes in producer prices for manufactured goods in Norway, excluding exports. This index is used by economists and policymakers to analyze trends in industrial production, cost of living, and overall economic performance.
Methodology
The data is collected through surveys of Norwegian manufacturing firms and calculated as a weighted index relative to the 2015 base year.
Historical Context
The Index 2015=100, Quarterly is monitored by the Norwegian Central Bank and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The base year for the index is 2015.
- The index measures price changes in the non-export manufacturing sector.
- The data is collected on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly measures the price level in Norway's non-export manufacturing sector on a quarterly basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of industrial output and inflationary pressures in the Norwegian economy, used by economists and policymakers to analyze trends in production, cost of living, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Norwegian manufacturing firms and calculated as a weighted index relative to the 2015 base year.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly is monitored by the Norwegian Central Bank and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is collected and published on a quarterly basis, with some potential for short delays in reporting.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (NAEXKP01NOQ661S), retrieved from FRED.