Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Domestic for Norway
Index 2015=100, Quarterly
PITGND02NOQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.82
Year-over-Year Change
21.67%
Date Range
1/1/1995 - 10/1/2022
Summary
The Index 2015=100, Quarterly series measures changes in total gross domestic product (GDP) for Norway on a quarterly basis, with 2015 as the base year.
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
This economic indicator provides a comprehensive measure of the overall health and performance of Norway's economy. It is widely used by policymakers, analysts, and economists to assess economic growth, monitor business cycles, and inform policy decisions.
Methodology
The data is collected and calculated by the Norwegian statistical agency based on national accounts data.
Historical Context
The Index 2015=100, Quarterly series is an important benchmark for evaluating Norway's macroeconomic conditions and informing economic policy.
Key Facts
- Norway's GDP grew by 3.9% in the fourth quarter of 2022.
- The Index 2015=100, Quarterly series has a base year of 2015.
- This indicator is published by the Norwegian statistical agency.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Quarterly series measures changes in total gross domestic product (GDP) for Norway on a quarterly basis, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: This economic indicator provides a comprehensive measure of the overall health and performance of Norway's economy, which is widely used by policymakers, analysts, and economists to assess economic growth, monitor business cycles, and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Norwegian statistical agency based on national accounts data.
Q: How is this trend used in economic policy?
A: The Index 2015=100, Quarterly series is an important benchmark for evaluating Norway's macroeconomic conditions and informing economic policy.
Q: Are there update delays or limitations?
A: The quarterly GDP index data is typically published with a short delay, but it provides a timely and comprehensive measure of Norway's economic performance.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 25 Years or over for Norway
LRHUADMANOA156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for Norway
NORCP010000GYM
Harmonized Index of Consumer Prices: Transport Services for Norway
CP0730NOM086NEST
Bank Non-Performing Loans to Gross Loans for Norway
DDSI02NOA156NWDB
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Norway
LFEM74MANOA647N
Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Norway
BSCICP03NOM665S
Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (PITGND02NOQ661N), retrieved from FRED.