Norges Bank s regional network Round - National charts Interviews carried out November through November,
. Output growth. Aggregated Past months and 6 months ahead. Annualised Index¹, left-hand axis; per cent, right-hand axis - - 8 6 - - - 6 7 8 9-6 Past months ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information. Next 6 months
. Output growth. Manufacturing and construction Past months and 6 months ahead. Annualised Index¹, left-hand axis; per cent, right-hand axis - - 8 6 - - - 6 7 8 9-6 Domestically oriented manufacturing Export industry Suppliers to the petroleum industry Construction ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information. ²) Includes deliveries to the petroleum sector outside the Norwegian continental shelf ³) Deliveries to the petroleum sector on the Norwegian continental shelf
. Output growth. Retail trade and services Past months and 6 months ahead. Annualised Index¹, left-hand axis; per cent, right-hand axis - - 8 6 - - - 6 7 8 9-6 Retail trade Corporate services ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information. Household services
. Capacity constraints and labour supply. Aggregated Per cent 8 8 6 6 6 7 8 9 Capacity constraints¹ ¹) Share of contacts that will have some or considerable problems accommodating an increase in demand. ²) Share of contacts where production is constrained by labour supply. Labour supply²
. Capacity constraints¹. All sectors Per cent 8 8 6 6 6 7 8 9 Manufacturing Construction ¹) Share of contacts that will have some or considerable problems accommodating an increase in demand. Retail trade Services 6
.6 Labour supply¹. All sectors Per cent 8 8 6 6 6 7 8 9 Manufacturing Construction Local government and hospital sector ¹) Share of contacts where production is constrained by labour supply. Retail trade Services 7
.7 Capacity constraints. All regions. Aggregated Share of contacts that will have some or considerable problems accommodating an increase in demand.7a Capacity constraints. All regions. Aggregated. Previous round.7b Capacity constraints. All regions. Aggregated. Last round September NORTH November NORTH MID- NORWAY MID- NORWAY >6% -6% -% NORTH WEST IN- LAND NORTH WEST IN- LAND -% -% SOUTH WEST SOUTH EAST SOUTH WEST SOUTH EAST -% < % 8
.8 Labour supply. All regions. Aggregated Share of contacts where production is constrained by labour supply.8a Labour supply. All regions. Aggregated. Previous round.8b Labour supply. All regions. Aggregated. Last round September NORTH November NORTH MID- NORWAY MID- NORWAY >% -% -% NORTH WEST IN- LAND NORTH WEST IN- LAND -% -% SOUTH WEST SOUTH EAST SOUTH WEST SOUTH EAST -% < % 9
.9 Investment growth. Aggregated Expected change in investments months ahead Index¹, left-hand axis; per cent, right-hand axis - - - - 6 7 8 9 - - - - ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information.
. Investment growth. All sectors Expected change in investments months ahead Index¹, left-hand axis; per cent, right-hand axis - - - - - - - 6 7 8 9 - Manufacturing Retail trade ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information. Services Local government and hospital sector
. Employment growth. Aggregated Past months and months ahead¹ Per cent - - - - - - - 6 7 8 9 - Past months Next months ¹) Mixed indicator until. Split in to last months and months ahead as from.
. Employment growth. All sectors Past months and months ahead¹ Per cent - - - - - - - 6 7 8 9 - Manufacturing Construction Local government and hospital sector Retail trade Services ¹) Mixed indicator until. Split in to last months and months ahead as from.
. Annual wage growth. Aggregated and all sectors Contacts estimates for each year¹ Index² - lefthand axis, per cent - righthand axis - - - - - 6 7 8 9 7 6 Manufacturing Construction Local government and hospital sector Retail trade Services Aggregated ¹) Starting in, the first observation for wage growth has been collected in November the previous year. ²) The index ranges from - to +. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information.
. Annual wage growth. Aggregated Technical reporting committee on income settlements (TBU) compared to contacts estimates (RN). Per cent 7 6 7 6 6 7 8 9 RN (autumn previous year) RN winter RN spring ¹) For : Wage growth for employees at enterprises affiliated to an employer organisation and in the public administration including the health trusts. RN summer RN autumn TBU¹
. Selling prices. Aggregated Change past months Index¹, left-hand axis; per cent, right-hand axis - - 8 6 - - - 6 7 8 9-6 ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information. 6
.6 Selling prices. Manufacturing and construction Change past months Index¹, left-hand axis; per cent, right-hand axis - - 8 6 - - - 6 7 8 9-6 Domestically oriented manufacturing Export industry ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information. Construction 7
.7 Selling prices. Retail trade and services Change past months Index¹, left-hand axis; per cent, right-hand axis - - 8 6 - - - 6 7 8 9-6 Retail trade Corporate services ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information. Household services 8
.8 Selling prices months ahead. Aggregated Expected change in price growth. Diffusion index¹ 8 8 7 7 6 6 6 7 8 9 ¹) Share that expects higher price growth + (/ * share that expects unchanged price growth). 9
.9 Selling prices months ahead. Business and household sector Expected change in price growth. Diffusion index¹ 8 8 7 7 6 6 6 7 8 9 Business sector² Household sector³ ¹) Share that expects higher price growth + (/ * share that expects unchanged price growth). ²) Manufacturing, construction, corporate services. ³) Retail trade, household services.
. Profitability. Aggregated Change in operating margins past months compared to same period a year earlier. Index¹ - - - - 7 8 9 - - - - ¹) The index ranges from - to +, where - indicates a sharp fall and + indicates strong growth. See article Norges Bank s regional network: fresh and useful information in Economic Bulletin /9 for further information.