Norway Producer Inflation Accelerates Further

2026-10-09 06:17 By Judith Sib-at 1 min. read

Producer prices in Norway surged 48.8% year-on-year in September 2026, following a 30.1% increase in August, marking the highest level in four years.

Prices rose sharply for oil and natural gas extraction (94.6% vs 52.1% in August), energy goods (90.1% vs 53.2%), and electricity, gas, and steam (63.4% vs 57.9%), amid supply disruptions in the Middle East.

Manufacturing prices also increased (9.2% vs 7.9%).

Excluding energy goods, producer prices rose 6.7%, after a 5.4% increase in the previous month.

By market, the increase in prices was more pronounced in the export market (70.4% vs 41.4%) than in the domestic market (15.9% vs 11.9%).

On a monthly basis, producer prices jumped 12.4% in September, the largest increase since March, following a 4.7% rise in August.



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Norway Producer Inflation Accelerates Further
Producer prices in Norway surged 48.8% year-on-year in September 2026, following a 30.1% increase in August, marking the highest level in four years. Prices rose sharply for oil and natural gas extraction (94.6% vs 52.1% in August), energy goods (90.1% vs 53.2%), and electricity, gas, and steam (63.4% vs 57.9%), amid supply disruptions in the Middle East. Manufacturing prices also increased (9.2% vs 7.9%). Excluding energy goods, producer prices rose 6.7%, after a 5.4% increase in the previous month. By market, the increase in prices was more pronounced in the export market (70.4% vs 41.4%) than in the domestic market (15.9% vs 11.9%). On a monthly basis, producer prices jumped 12.4% in September, the largest increase since March, following a 4.7% rise in August.
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