Norway's producer prices tumbled by 16.1 percent year-on-year in April 2020, the biggest decline since November 2001, as prices decreased for all categories: energy goods (-40.8 percent vs -31.1 percent in March); extraction and related services (-35.2 percent vs -31.9 percent); electricity, gas, and steam (-33.5 percent vs -28.9 percent); and manufacturing (-1.4 percent vs 2.2 percent). On a monthly basis, producer prices dropped 3.3 percent in April, after a 7.5 percent fall in March.
Producer Prices Change in Norway averaged 5.25 percent from 2000 until 2020, reaching an all time high of 33.90 percent in August of 2008 and a record low of -18.70 percent in November of 2001. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Statistics Norway
Producer Prices Change in Norway is expected to be -6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Norway to stand at 2.00 in 12 months time. In the long-term, the Norway Producer Prices Change is projected to trend around 2.20 percent in 2021, according to our econometric models.