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Anne Marie Grytebust (82) now has to buy the food on offer to make ends meet. – I hope things will get better soon, says Martin Kubas (24).
– This is a very difficult period, says Anne Marie Grytebust (82) to E24.
She thinks “everything” has become more expensive, but she has particularly noticed food prices going up and affecting her purchases. Statistics Norway (SSB) Forward updated inflation figures. They show that prices have risen more over the past 12 months compared to June.
However, price growth has been falling over time towards the central bank’s 2% price growth target. On its own, this could point to a rate cut this year, economists say, but a weaker Norwegian krone could put an end to that.
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Grytebust, a minimum pensioner, had just travelled from Ålesund to Oslo to visit his son.
On Friday, she went to Rema 1000 in search of cheap food.
– As a minimum pensioner, you don’t get much extra social security, you know. “I have to buy at the offer price to stay financially afloat,” Gerritbuster said.
Not much left after rent
Martin Cubas (24), a recently graduated civil engineer, moved to Oslo this summer to start a permanent job. He started studying six years ago and lived on student grants for the first four years.
– Since 2022, I have been working while studying to pay for what I need. He explained that the support provided by Ranekason is not enough to pay the rent, so after paying the rent there is almost nothing left to survive.
Cubas credits living on a tight budget with helping him develop a habit of tracking his finances.
– As a student without a permanent job, you have to make a lot of financial choices. You don’t buy food from the fresh produce counter at Meny’s, and you generally live more frugally, he said.
This makes him more optimistic about the future of his own economy and the Norwegian economy.
– As far as I am concerned, everything is going well so far, but I see that the price increase is putting a lot of people in a difficult situation. “I hope that things will get better soon,” Cubas said.
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Don’t worry about the economy
The outlook report presented by Finance Minister Trygve Slagsvold Vedum on Friday was not pleasant reading either. Programs, among others Starting in 2030, state spending could rise faster than revenues, and more older people may be required to join the workforce.
– For me, this is a repetition of the previous message. We know that we are getting older and our expenses will increase, says Håvard Kvernaas Bakken (54).
However, he was critical of the way politicians were handling the economic situation.
– In recent decades, politicians have tried to do everything without making clear choices. I think this is weak. As we continue to spend money in the public sector and provide more support for everything possible, we will reach the point where we have to work harder to prioritize, Buchan said.
While that could mean tougher economic times ahead, Bakken believes the overall economy is doing well.
“I think the Norwegian economy is doing very well and what we are seeing now is just a small blip on the surface due to difficult times internationally,” he said.
Longer preparation time
Martin Kubas is not particularly worried about the future development of the Norwegian economy.
– I don’t like to worry about the future and prefer to live in the present. But I think it’s good that the government is taking action to avoid shortages of important manpower, said the newly graduated civil engineer.
What are your thoughts on having to work longer hours?
– I have been preparing for this for a long time. When people live longer, you naturally have to work longer, Cubas said.
As for raising taxes to pay for future spending, Cuban supports the idea of finding new sources of revenue, as Norway must rely less on oil and gas revenues.
Pensioner Gerrit Bust wants the government to increase the proportion of health workers in the coming decades.
– I know many people who cannot manage themselves and have to seek help at home. If we lack home nurses, it will affect those who are most in need. We can’t have this, she said.
Gerritbust also thinks it’s positive that the state is placing more people with disabilities in jobs, but she wants to take into account people’s suitability for different types of jobs.
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