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.