Monday, October 31, 2016

Growth in debt increases – Hegnar Online

the general Public’s gross domestic debt was 5.086 billion at the end of september, according to K2-figures from Statistics norway.

Household debt amounted to 3.021 billion at the end of september. The twelve-month growth for households was at 6.1 per cent in the same period, the same as the month before.

While utlånsvekten in the banks and mortgage companies was unchanged, increased the debt of local government with 6.4 per cent at the end of september, up from 5 per cent to the end of august.

the credit indicator K2 is among other things an important tool for Norges Bank when the key policy rate should be set. (©NTB)

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