Norway's annual producer inflation eased sharply to 0.4 percent in May 2019, the lowest figure since November 2016, from 2.6 percent in the previous month. Manufacturing inflation slowed to 2 percent from 4.1 percent in April, while prices of extraction and related services continued to decline (-5.1 percent vs -1.8 percent). Meantime, cost of electricity, gas & steam increased faster (26.4 percent vs 18.5 percent). On a monthly basis, producer prices fell by 1 percent in May, following a 0.7 percent gain in April. Producer Prices Change in Norway averaged 5.96 percent from 2000 until 2019, 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.

Producer Prices Change in Norway is expected to be 1.20 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 2.30 in 12 months time. In the long-term, the Norway Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.

Norway Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-11 07:00 AM PPI YoY 8% 4.9% 4.5%
2019-04-10 06:00 AM PPI YoY 5.2% 8% 0% 7.2%
2019-05-10 06:00 AM PPI YoY 3.0% 5.2% 4.6%
2019-06-11 06:00 AM PPI YoY 0.4% 2.6% 3%
2019-07-10 06:00 AM PPI YoY 0.4% 1.2%
2019-08-09 06:00 AM PPI YoY 0.9%
2019-09-10 06:00 AM PPI YoY 1.4%


Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.90 18.90 -1.80 percent [+]
Harmonised Consumer Prices 111.30 111.60 111.60 69.20 Index Points [+]
Consumer Price Index CPI 110.50 110.80 110.80 5.09 Index Points [+]
Core Consumer Prices 108.30 108.50 108.50 82.30 Index Points [+]
Core Inflation Rate 2.30 2.60 3.70 -0.10 percent [+]
GDP Deflator 109.70 110.42 111.47 19.86 Index Points [+]
Producer Prices 114.10 115.20 124.10 16.71 Index Points [+]
Producer Prices Change 0.40 2.60 33.90 -18.70 percent [+]
Export Prices 139.80 144.40 149.40 57.64 Index Points [+]
Import Prices 145.80 142.10 145.80 71.76 Index Points [+]
Food Inflation 1.00 1.90 19.90 -7.10 percent [+]
Inflation Rate Mom -0.30 0.40 5.45 -1.72 percent [+]
CPI Housing Utilities 114.90 115.00 116.60 19.50 Index Points [+]
CPI Transportation 111.70 113.00 113.00 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 2.60 33.90 -18.70 2000 - 2019 percent Monthly
2000=100




Country Last Previous
Argentina 66.90 Mar/19
Australia 1.90 Mar/19
Brazil 10.30 Mar/19
Canada 1.80 Apr/19
China 0.60 May/19
Euro Area 2.60 Apr/19
France 2.20 Apr/19
Germany 2.50 Apr/19
India 2.45 May/19
Indonesia 2.08 Mar/19
Italy 2.10 Apr/19
Japan 0.70 May/19
Mexico 4.52 Feb/19
Netherlands 3.17 Apr/19
Russia 8.60 May/19
Saudi Arabia 1.10 Apr/19
Singapore 0.40 Apr/19
South Africa 6.50 Apr/19
South Korea 0.60 Apr/19
Spain 2.30 Apr/19
Switzerland -0.80 May/19
Turkey 28.71 May/19
United Kingdom 2.10 Apr/19
United States 1.80 May/19


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