Norges Bank

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.

Press release
12 December 2024 10:00

All news

Publications

All publications