Norway's producer prices rose by 14.9 percent year-on-year in November 2018, following a 22.5 percent increase in the previous month. It was the lowest producer inflation since April, as prices rose at a softer pace for: extraction and related services (24.9 percent vs 44.7 percent in October); manufacturing (6.9 percent vs 8.3 percent); electricity, gas and steam (39.4 percent vs 43.2 percent); and mining and quarrying (4.7 percent vs 5 percent). Meanwhile, water supply inflation was unchanged at 11.2 percent. On a monthly basis, producer prices declined 3.2 percent in November, following a 3.6 percent jump in October and marking the first monthly drop since February. Producer Prices Change in Norway averaged 5.98 percent from 2001 until 2018, reaching an all time high of 33.90 percent in August of 2008 and a record low of -18.60 percent in November of 2001.

Producer Prices Change in Norway is expected to be 12.50 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 4.00 in 12 months time. In the long-term, the Norway Producer Prices Change is projected to trend around 3.20 percent in 2020, according to our econometric models.

Norway Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 06:00 AM PPI YoY 22.8% 22.6% 19.5%
2018-10-10 06:00 AM PPI YoY 21.1% 22.8% 21.1%
2018-11-09 07:00 AM PPI YoY 22.5% 21.1% 22.7%
2018-12-10 07:00 AM PPI YoY 14.9% 22.5% 21.9%
2019-01-10 07:00 AM PPI YoY 14.9% 12.5%
2019-02-11 07:00 AM PPI YoY
2019-03-11 07:00 AM PPI YoY


Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 3.50 3.10 18.90 -1.80 percent [+]
Harmonised Consumer Prices 110.70 110.10 110.70 69.20 Index Points [+]
Consumer Price Index CPI 109.80 109.30 109.80 5.09 Index Points [+]
Core Consumer Prices 107.20 106.90 107.20 82.30 Index Points [+]
Core Inflation Rate 2.20 1.60 3.70 -0.10 percent [+]
GDP Deflator 111.71 109.45 111.71 19.86 Index Points [+]
Producer Prices 269.80 278.60 278.60 37.56 Index Points [+]
Producer Prices Change 14.90 22.50 33.90 -18.60 percent [+]
Export Prices 155.10 154.90 155.10 57.64 Index Points [+]
Import Prices 143.30 142.90 143.30 71.76 Index Points [+]
Food Inflation 4.30 2.30 19.90 -7.10 percent [+]
Inflation Rate Mom 0.50 -0.20 5.45 -1.72 percent [+]
CPI Housing Utilities 114.80 113.80 114.80 19.50 Index Points [+]
CPI Transportation 109.80 109.50 111.40 21.00 Index Points [+]


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. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
14.90 22.50 33.90 -18.60 2001 - 2018 percent Monthly
2000=100




Country Last Previous
Argentina 79.60 Oct/18
Australia 2.10 Sep/18
Brazil 10.80 Nov/18
Canada 5.30 Oct/18
China 2.70 Nov/18
Euro Area 4.90 Oct/18
France 3.90 Oct/18
Germany 3.30 Oct/18
India 4.64 Nov/18
Indonesia 5.06 Nov/18
Italy 5.80 Oct/18
Japan 2.30 Nov/18
Mexico 6.51 Nov/18
Netherlands 4.89 Oct/18
Russia 16.80 Nov/18
Saudi Arabia 16.30 Oct/18
Singapore 12.40 Oct/18
South Africa 6.80 Nov/18
South Korea 2.20 Oct/18
Spain 4.50 Oct/18
Switzerland 1.40 Nov/18
Turkey 38.54 Nov/18
United Kingdom 3.30 Oct/18
United States 2.50 Nov/18


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