Norwegians debt growth remains unchanged


The last twelve months till end of August, domestic debt grew by 5 percent which is unchanged from the preceding twelve months.

Gross domestic debt was 5.066 billion NOK till end of August, according to K2 figures from Statistics Norway.

Household debt calculated to 3.003 billion till end of August. Twelve-month growth was 6.1 per cent to end of August, up from 5.9 percent in compare with the previous month.

The credit indicator C2 include an important tool for Norges Bank when the key policy rate is fixed.


Source: NTB scanpix / Norway Today