Norway's producer prices surged 50.1 percent year-on-year in August 2021, after a 43.4 percent gain in the previous month. This was the eighth straight month of producer inflation and the steepest pace on record, with cost rising faster for all categories: energy goods (144.8 percent vs 133.1 percent in July), extraction and related services (131.9 percent vs 120.4 percent), manufacturing (15.3 percent vs 12.1 percent), and electricity, gas, and steam (112.9 percent vs 98.9 percent). On a monthly basis, producer prices rose 5.9 percent, after a 4.6 percent increase in July. source: Statistics Norway
Producer Prices Change in Norway averaged 5.43 percent from 2000 until 2021, reaching an all time high of 50.10 percent in August of 2021 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 September of 2021.
Producer Prices Change in Norway is expected to be 42.00 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 2022 and 2.20 percent in 2023, according to our econometric models.