FNI Update January – Decreasing and Below Trend

The FNI index was last updated 31 January.

The FNI index for the Norwegian economy has been updated with figures up to and including 31 January. The negative development in the index observed in December continues in January.

In line with increased infection pressure from Covid-19, the FNI index started to indicate that we were entering a recession by the end of 2020. This negative development has continued through January, and the FNI index exits the month decreasing and below trend.

The figure graphs the Financial News Index (FNI) with 68 percent confidence bands. The blue solid line demeaned quarterly GDP growth Mainland Norway, sourced from Statistics Norway (SSB). Please use the citation “FNI – Retriever/CAMP_BI” when using the index.
  • To read more about the FNI, visit our website.
  • To read more about the use of textual data, we recommend: Thorsrud, Leif Anders (2018), “Words are the new numbers: A newsy coincident index of the business cycle”, Journal of Business & Economic Statistics.

For more information, contact Associate Professor  Leif A. Thorsrud, BI Norwegian Business School, +47 988 37 976,  leif.a.thorsrud@bi.no or Professor Hilde C. Bjørnland, BI Norwegian Business School, +47 464 10 767,  hilde.c.bjornland@bi.no.

Previous FNI Updates

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