Producer Prices in Norway

Norway Producer Prices | Economic News & Forecasts

Norway - Producer Prices

Inflation ticks up in April

Consumer prices increased 0.45% in April, following March’s flat reading. The print was primarily due to higher prices for food and non-alcoholic beverages, and furniture and household operations.

Inflation edged up to 0.8% in April from 0.7% in March, consequently remaining below the Norges Bank’s 2.0% target rate. Meanwhile, average inflation ticked down from 1.7% in March to 1.5% in April.

FocusEconomics Consensus Forecast panelists expect inflation to average 1.6% in 2020, which is from last month’s estimate. In 2021, they expect inflation to average 2.0%.

Norway - Producer Prices Data

2014   2015   2016   2017   2018  
Inflation (PPI, annual variation in %)-1.4  -8.1  -8.0  9.3  14.8  

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Norway Facts

Value Change Date
Bond Yield1.58-0.65 %Jan 01
Exchange Rate8.78-0.38 %Jan 01

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