Norway's foreign trade surplus decreased somewhat in October from a year ago as imports fell faster than exports, data from Statistics Norway showed on Monday.
The trade surplus dropped to NOK 56.5 billion in October from NOK 56.6 billion in the same month last year. Nonetheless, the surplus grew considerably from NOK 35.0 billion in September.
Exports fell 3.9 percent annually in October, and imports were 5.8 percent lower. Outflows of ships and oil platforms plunged 100.0 percent, and that of natural gas declined by 23.8 percent.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.