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Norway Gross Domestic Product (GDP) Mainland QoQ
Add to Calendar
Latest Release
Aug 22, 2024
Actual0.1%
Forecast0.2%
Previous0.1%
GDP measures summary value of goods and services generated in a relevant country or region. A region's gross domestic product, or GDP, is one of the ways for measuring the size of its economy.
Expenditure approach - Total expenditures on all finished goods and services produced within the economy.
Calculation:
GDP using the expenditure approach is derived as the sum of all final expenditures, changes in inventories and exports of goods and services less imports of goods and services.
Market influence of GDP:
Unexpectedly high quarterly GDP growth is perceived to be potentially inflationary if the economy is close to full capacity; this, in turn, causes bond prices to drop and yields and interest rates to rise.
Where the stock market is concerned on one side higher than expected growth leads to higher profits and that's good for the stock market. On the other, it may increase expected inflation and lead to higher interest rates that are bad for the stock market.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Nov 21, 2024 (Q3) | 02:00 | 0.1% | |||
| Aug 22, 2024 (Q2) | 01:00 | 0.1% | 0.2% | 0.1% | |
| May 16, 2024 (Q1) | 01:00 | 0.2% | 0.2% | 0.3% | |
| Feb 14, 2024 (Q4) | 02:00 | 0.2% | 0.1% | 0.1% | |
| Nov 23, 2023 (Q3) | 02:00 | 0.1% | 0.2% | 0.0% | |
| Aug 22, 2023 (Q2) | 01:00 | 0.0% | 0.1% | 0.2% |
Analysis
How The Market Responds To U.S. CPI May Set The Near-Term Course
By Marc Chandler - Jan 12, 2022
US stocks built on the recovery started Monday and Powell's suggestion of letting the balance sheet shrink later this year eased some speculation of a fourth hike this year, which seemed to allow the...
The Dollar Stabilizes But Stocks, Not So Much
By Marc Chandler - May 12, 2021
The markets remained on edge.Asia Pacific and US equities have yet to find stable footing, and inflation fears are elevated. The foreign exchange market has turned quiet as the dollar...
Week Ahead: Dollar Declines After Massive Payrolls Miss; Inflation Now In Focus
By Ed Moya - May 09, 2021
Wall Street went on a wild ride after a huge nonfarm payroll report miss reaffirms the Fed’s stance to do nothing. A massive slowdown in hiring was not expected and the knee-jerk reaction across...
GDP Mainland (QoQ) Discussion
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