News / speeches / submissions
Regional Network: Increased exports support growth, but construction activity continues to decline
Regional Network contacts expect activity to rise through winter, but developments across industries still vary widely. Capacity utilisation is little changed since 2024 Q3, and there are approximately as many contacts reporting labour shortages as in the previous survey. Contacts have revised up their estimate for wage growth in 2025 from 4.3 percent in the previous survey to 4.5 percent in this survey.
Foreign exchange transactions in December 2024
Norges Bank will purchase foreign exchange on behalf of the government equivalent to NOK 150 million per day up to and including 13 December 2024.