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25.08.202506:24:43UTC+00Norway Loan Debt Growth Unchanged in July

At the close of July 2025, the total domestic loan debt of the general public in Norway increased by 4.1% from the previous year, reaching NOK 7.71 billion. This growth rate has been consistent for the past three months. The recent figures indicate the highest rise in domestic loans since September 2023, showcasing persistent borrowing across key sectors. Loan growth remains stable across different segments, with households experiencing a 4.3% increase, non-financial corporations seeing a 2.4% rise, and municipal governments recording an 8.6% growth, compared to 8.7% in June. This steady expansion highlights the ongoing demand for credit, bolstered by moderate interest rates and continued economic activity, despite the overall growth rate remaining unchanged from the previous quarter.

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