Norway annual producer inflation eased for the second straight month to 64.6 percent in May of 2022 from 66.4 percent in the previous month. Prices slowed for extraction and related services (114.6 percent vs 127.3 percent in April); electricity, gas, and steam (96.8 percent vs 120.4 percent); and energy goods (122.5 percent vs 135.1 percent). On the contrary, prices rose further for manufacturing (30.7 percent vs 26.8 percent). On a monthly basis, producer prices advanced 1.7 percent, rebounding from a 7.2 percent gain in April. source: Statistics Norway

Producer Prices Change in Norway averaged 7.44 percent from 2000 until 2022, reaching an all time high of 79.40 percent in March of 2022 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 June of 2022.

Producer Prices Change in Norway is expected to be 21.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Producer Prices Change is projected to trend around 5.10 percent in 2023 and 2.20 percent in 2024, according to our econometric models.

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Norway Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2022-05-10 06:00 AM Apr 66.4% 79.4% 83.2%
2022-06-10 06:00 AM May 64.6% 66.4% 70.4%
2022-07-11 06:00 AM Jun 64.6%


Related Last Previous Unit Reference
Inflation Rate 5.70 5.40 percent May 2022
Harmonised Consumer Prices 122.90 122.70 points May 2022
Consumer Price Index CPI 121.50 121.20 points May 2022
Core Inflation Rate 3.40 2.60 percent May 2022
Core Consumer Prices 117.20 116.70 points May 2022
GDP Deflator 133.06 124.89 points Mar 2022
Producer Prices 200.50 197.20 points May 2022
Producer Prices Change 64.60 66.40 percent May 2022
Export Prices 182.70 161.80 points Mar 2022
Import Prices 175.60 169.50 points Mar 2022
Food Inflation 2.60 1.70 percent May 2022
Inflation Rate Mom 0.20 1.20 percent May 2022
CPI Transportation 126.30 125.50 points May 2022
CPI Housing Utilities 128.20 129.50 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
64.60 66.40 79.40 -18.70 2000 - 2022 percent Monthly
2000=100

News Stream
Norway Producer Inflation Slows in May
Norway annual producer inflation eased for the second straight month to 64.6 percent in May of 2022 from 66.4 percent in the previous month. Prices slowed for extraction and related services (114.6 percent vs 127.3 percent in April); electricity, gas, and steam (96.8 percent vs 120.4 percent); and energy goods (122.5 percent vs 135.1 percent). On the contrary, prices rose further for manufacturing (30.7 percent vs 26.8 percent). On a monthly basis, producer prices advanced 1.7 percent, rebounding from a 7.2 percent gain in April.
2022-06-10
Norway Producer Inflation Eases
Producer prices in Norway rose 66.4 percent on year in April of 2022, after rising at a record pace of 79.4 percent in the previous month. Prices eased for extraction and related services (127.3 percent vs 161.8 percent in March); electricity, gas, and steam (120.4 percent vs 131.9 percent); and energy goods (135.1 percent vs 165.4 percent). On the contrary, prices advanced further for manufacturing (26.8 percent vs 25.2 percent). On a monthly basis, producer prices declined 7.2 percent after rising at a record peak of 16.9 percent in March.
2022-05-10
Norway Producer Prices Rise at Record Pace
Producer prices in Norway rose at a record pace of 79.4 percent year-on-year in March 2022, after a 53.2 gain in the prior month, as cost accelerated for all components: extraction and related services (161.8 percent vs 100.4 percent in February), electricity, gas, and steam (131.9 percent vs 69.1 percent), and energy goods (165.4 percent vs 101.9 percent), and manufacturing (25.2 percent vs 22.3 percent). On a monthly basis, producer prices went up at a record peak of 16.9 percent after gaining 3.4 percent in February, reflecting surging energy cost.
2022-04-11