SEPTEMBER2015

摘要

The oil-driven downturn worsened in Q2, causing a subdued 0.2% (q-o-q) GDP increase. Fixed investment contracted for the third consecutive month, falling -1.3% after prior -3.5% and -0.6% declines in Q4 2014 and Q1 2015, respectively. The low oil price environment is forcing energy firms to cut more costs and decrease exploration projects. The Norwegian Statistics Office anticipates around a 12% decline in petroleum investments this year.