Servicesektoren er det, der senest bliver åbnet op under pandemien, men i Norge er en normalisering på vej, og det går hurtigt, skriver Nordea. I sidste uge fik restauranter og fitness-centre lov til at åbne, og en del af kultursektoren er blevet åbnet. Åbningen og det gode vejr fik besøgstallet i restaurationsbranchen til at drøne i vejret.
NO Card data: Normalisation underway for services
Our card data corroborates the anecdotical information that the service sector is rapidly coming back to normal. The positive effect is particularly clear in Oslo, where the reopening started a week ago.
Large parts of the Norwegian service sector have reopened during May. Last week, the Oslo-region allowed restaurants, gyms and parts of the culture sector to resume operations after a stringent lockdown since November 2020. This combined with the sunny weather has allowed the service sector to start normalising rapidly.
The effects of the reopening are particularly evident for the restaurant scene in Oslo, where the overall turnover for restaurants during week 20 went from being 50% below that of 2019 to 7% higher during week 21, see Chart 3. Since Oslo only opened up last Wednesday, we will see the whole effect of the reopening in next weeks data.
Chart 1: Goods turnover remains high, services are recovering
Chart 2: Plenty parts of the service sector have increased turnover during May
Chart 3: The reopening of Oslo is clearly evident in the turnover for restaurants, the sunny weather has helped too.
