QoQ Change in Quarterly GDP in Norway
Norway| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
Quarterly Gross Domestic Product (GDP) compared to the previous quarter is an indicator showing how much the total economic activity in Norway has increased or decreased from one quarter to the next. This data is published quarterly by Statistics Norway and is important for assessing short-term economic trends.
Quarter-on-quarter data helps in understanding how economic activity fluctuates over a short period. If GDP is increasing, it indicates that the economy is expanding, with improvements in corporate production activities and consumer purchasing power. Conversely, if GDP is decreasing, it signals that the economy is stagnating or contracting, with declines in corporate production activities and consumer spending.
This data serves as a crucial reference for policymakers to evaluate the health of the economy and to formulate appropriate monetary and fiscal policies. Additionally, it is a valuable source of information for businesses and investors to make short-term economic forecasts and investment strategies.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
