Norway's producer prices rose by 0.6 percent year-on-year in January 2021, after a 5.7 percent fall in the previous month. This was the first producer inflation since May 2019. Cost of electricity, gas, and steam rebbounded sharply (31.7 percent vs -17.4 percent in December). At the same time, prices decreased much softer for energy goods (-1.2 percent vs -15.9 percent); extraction and related services (-1.4 percent vs -11.5 percent); and manufacturing (-0.2 percent vs -1.1 percent). On a monthly basis, producer prices rose by 5.3 percent in January, after a 1.6 percent gain in December. source: Statistics Norway

Producer Prices Change in Norway averaged 4.71 percent from 2000 until 2021, 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 March of 2021.

Producer Prices Change in Norway is expected to be 3.20 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 6.00 in 12 months time. In the long-term, the Norway Producer Prices Change is projected to trend around 6.00 percent in 2022 and 2.20 percent in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Norway Producer Prices Change

Actual Previous Highest Lowest Dates Unit Frequency
0.60 -5.70 33.90 -18.70 2000 - 2021 percent Monthly
2000=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-10 07:00 AM Oct -6% -9.6% -8.8%
2020-12-10 07:00 AM Nov -3.4% -6% -5.4%
2021-01-11 07:00 AM Dec -5.7% -3.4% -2%
2021-02-10 07:00 AM Jan 0.6% -5.7% -5.2%
2021-03-10 07:00 AM Feb 0.6%
2021-04-09 06:00 AM Mar
2021-05-10 06:00 AM Apr
2021-06-10 06:00 AM May


News Stream
Norway Producer Prices Rise for First Time in 20 Months
Norway's producer prices rose by 0.6 percent year-on-year in January 2021, after a 5.7 percent fall in the previous month. This was the first producer inflation since May 2019. Cost of electricity, gas, and steam rebbounded sharply (31.7 percent vs -17.4 percent in December). At the same time, prices decreased much softer for energy goods (-1.2 percent vs -15.9 percent); extraction and related services (-1.4 percent vs -11.5 percent); and manufacturing (-0.2 percent vs -1.1 percent). On a monthly basis, producer prices rose by 5.3 percent in January, after a 1.6 percent gain in December.
2021-02-10
Norway Producer Prices Fall for 20th Month
Norway's producer prices declined by 5.7 percent year-on-year in December 2020, after a 3.4 percent fall in the previous month, pointing to the 20th straight month of drop in produces prices Prices decreased at faster paces for most components: energy goods (-15.9 percent vs -13.3 percent in November); extraction and related services (-11.5 percent vs -3.4 percent); and manufacturing (-1.1 percent vs -0.8 percent). Meanwhile, cost of electricity, gas, and steam fell by 17.4 percent, after a 34.0 percent slump in November. On a monthly basis, producer prices rose by 1.6 percent in December, after a 4.5 percent gain in November.
2021-01-11
Norway Producer Prices Fall the Least in 11 Months
Norway's producer prices declined by 3.4 percent year-on-year in November 2020, after a 6 percent fall in the previous month. It was the 19th straight month of drop in produces prices, but the least since December last year. Prices decreased at softer paces for energy goods (-13.3 percent vs -19.2 percent in October); extraction and related services (-3.4 percent vs -12.3 percent); and manufacturing (-0.8 percent vs - 1.5 percent). Meanwhile, cost of electricity, gas, and steam dropped by 34 percent after a 23.4 percent decrease a month earlier. On a monthly basis, producer prices rose by 4.5 percent in November, after a 4.1 percent gain in October.
2020-12-10
Norway Producer Prices Fall the Least in 9 Months
Norway's producer prices declined by 6.0 percent year-on-year in October 2020, after a 9.6 percent plunge in the previous month. It was the 18th straight month of drop in produces prices, but the least since January. Prices decreased at softer paces for energy goods (-19.2 percent vs -27.5 percent in September); extraction and related services (-12.3 percent vs -25 percent); and electricity, gas, and steam (-23.4 percent vs -21.2 percent). Meanwhile, cost of manufacturing fell by 1.5 percent, after a 0.2 percent drop in the prior month. On a monthly basis, producer prices rose by 4.1 percent in October, after a 2.8 percent gain in September.
2020-11-10

Norway Producer Prices Change
In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent.