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Norway Producer Price Index (PPI)

Norway's Producer Price Index (PPI) fell by 2.8% in September 2025, showing an improvement from the 3% decrease in August 2025. This moderation was driven by smaller price drops in oil and natural gas extraction which decreased by 12.2% compared to 13.0% in August and energy goods, down 7.9% versus 9.1%. Manufacturing prices saw a slower increase of 1.3% in September from 1.7% in August. The Norwegian krone strengthened against the US dollar in September, reaching its highest level since January 2023 which reduced prices for imported goods. Norway's record low PPI was -37.4% in August 2023 and record high was 79.4% in March 2022.

Monthly Historical Data (2000-2025)

(in %)
Month Producer Price Index (PPI)
Sep 2025 -2.8%
Aug 2025 -3%
Jul 2025 -0.3%
Jun 2025 -1%
May 2025 -0.1%
Apr 2025 2.1%
Mar 2025 11.5%
Feb 2025 23.3%
Jan 2025 18.1%
Dec 2024 9.3%
Nov 2024 0%
Oct 2024 -3.5%
Sep 2024 -2.9%
Aug 2024 3.6%
Jul 2024 6.5%
Jun 2024 3.4%
May 2024 3.2%
Apr 2024 -4.5%
Mar 2024 -6.9%
Feb 2024 -12.6%
Jan 2024 -12.9%
Dec 2023 -25.6%
Nov 2023 -15.7%
Oct 2023 -11%
Sep 2023 -29.4%
Aug 2023 -37.4%
Jul 2023 -35.4%
Jun 2023 -28.5%
May 2023 -23.5%
Apr 2023 -15.3%
Mar 2023 -21.9%
Feb 2023 -5.4%
Jan 2023 -0.6%
Dec 2022 18.7%
Nov 2022 22.3%
Oct 2022 19.8%
Sep 2022 52.4%
Aug 2022 77.3%
Jul 2022 73.6%
Jun 2022 68.8%
May 2022 64.6%
Apr 2022 66.4%
Mar 2022 79.4%
Feb 2022 53.2%
Jan 2022 58.2%
Dec 2021 68.7%
Nov 2021 58.6%
Oct 2021 60.8%
Sep 2021 57.8%
Aug 2021 50.1%
Jul 2021 43.4%
Jun 2021 37.1%
May 2021 29.4%
Apr 2021 22.5%
Mar 2021 18.4%
Feb 2021 9.7%
Jan 2021 0.6%
Dec 2020 -5.7%
Nov 2020 -3.4%
Oct 2020 -6%
Sep 2020 -9.6%
Aug 2020 -12.1%
Jul 2020 -13.3%
Jun 2020 -14.4%
May 2020 -17.5%
Apr 2020 -16.1%
Mar 2020 -12.6%
Feb 2020 -7.4%
Jan 2020 -3.9%
Dec 2019 -2.2%
Nov 2019 -9.5%
Oct 2019 -13.8%
Sep 2019 -10.7%
Aug 2019 -9.4%
Jul 2019 -8.6%
Jun 2019 -6.5%
May 2019 0.4%
Apr 2019 2.6%
Mar 2019 5.2%
Feb 2019 8%
Jan 2019 4.9%
Dec 2018 7.7%
Nov 2018 14.9%
Oct 2018 22.5%
Sep 2018 21%
Aug 2018 22.8%
Jul 2018 22.6%
Jun 2018 20.1%
May 2018 14.5%
Apr 2018 12.3%
Mar 2018 6.4%
Feb 2018 4.7%
Jan 2018 10.3%
Dec 2017 7.4%
Nov 2017 9.8%
Oct 2017 8.9%
Sep 2017 8.7%
Aug 2017 4%
Jul 2017 1.7%
Jun 2017 3.2%
May 2017 8.9%
Apr 2017 12.7%
Mar 2017 16.1%
Feb 2017 18.8%
Jan 2017 12.7%
Dec 2016 7.3%
Nov 2016 -2.6%
Oct 2016 -4.5%
Sep 2016 -6%
Aug 2016 -4.7%
Jul 2016 -7.2%
Jun 2016 -9.6%
May 2016 -11.9%
Apr 2016 -14.3%
Mar 2016 -15%
Feb 2016 -14.9%
Jan 2016 -10.8%
Dec 2015 -10.9%
Nov 2015 -6.4%
Oct 2015 -9.4%
Sep 2015 -10.1%
Aug 2015 -9.9%
Jul 2015 -6.5%
Jun 2015 -4.9%
May 2015 -4.8%
Apr 2015 -5.6%
Mar 2015 -6%
Feb 2015 -10%
Jan 2015 -12.4%
Dec 2014 -7.8%
Nov 2014 -6.6%
Oct 2014 -3.4%
Sep 2014 -3.8%
Aug 2014 -3.3%
Jul 2014 -1.7%
Jun 2014 1.3%
May 2014 0.6%
Apr 2014 -0.6%
Mar 2014 0%
Feb 2014 3.9%
Jan 2014 5.3%
Dec 2013 4.9%
Nov 2013 3.1%
Oct 2013 2.3%
Sep 2013 3.3%
Aug 2013 1.6%
Jul 2013 3.1%
Jun 2013 1.7%
May 2013 -1.6%
Apr 2013 -1.6%
Mar 2013 -3.3%
Feb 2013 -2.8%
Jan 2013 -2.3%
Dec 2012 -0.3%
Nov 2012 0%
Oct 2012 1.7%
Sep 2012 1.4%
Aug 2012 4.4%
Jul 2012 -0.6%
Jun 2012 -0.2%
May 2012 2.4%
Apr 2012 2.5%
Mar 2012 6.5%
Feb 2012 7.7%
Jan 2012 7.9%
Dec 2011 8.2%
Nov 2011 12.9%
Oct 2011 15.3%
Sep 2011 15.2%
Aug 2011 12.8%
Jul 2011 16.1%
Jun 2011 14.3%
May 2011 18.1%
Apr 2011 20%
Mar 2011 21.3%
Feb 2011 21%
Jan 2011 22.2%
Dec 2010 23.9%
Nov 2010 18.1%
Oct 2010 18.1%
Sep 2010 19.7%
Aug 2010 13%
Jul 2010 18.1%
Jun 2010 11.4%
May 2010 18.4%
Apr 2010 26.8%
Mar 2010 21.9%
Feb 2010 18.9%
Jan 2010 13.8%
Dec 2009 10%
Nov 2009 4.6%
Oct 2009 -4.1%
Sep 2009 -6.6%
Aug 2009 -1.2%
Jul 2009 -7%
Jun 2009 0.8%
May 2009 -2.9%
Apr 2009 -4.8%
Mar 2009 -0.4%
Feb 2009 0.1%
Jan 2009 3.9%
Dec 2008 5.9%
Nov 2008 11.9%
Oct 2008 26%
Sep 2008 30.1%
Aug 2008 33.9%
Jul 2008 32%
Jun 2008 29.5%
May 2008 26%
Apr 2008 21.4%
Mar 2008 18.6%
Feb 2008 20.3%
Jan 2008 20.4%
Dec 2007 12.6%
Nov 2007 12.3%
Oct 2007 3.3%
Sep 2007 0%
Aug 2007 -7.2%
Jul 2007 -4%
Jun 2007 0.5%
May 2007 -1.4%
Apr 2007 -5.2%
Mar 2007 -2.1%
Feb 2007 -2.8%
Jan 2007 -4.7%
Dec 2006 4.7%
Nov 2006 6.7%
Oct 2006 5.9%
Sep 2006 4.9%
Aug 2006 8.6%
Jul 2006 13.4%
Jun 2006 13.2%
May 2006 19.6%
Apr 2006 20.4%
Mar 2006 14.9%
Feb 2006 20.9%
Jan 2006 25.5%
Dec 2005 24.5%
Nov 2005 17.9%
Oct 2005 10%
Sep 2005 17.8%
Aug 2005 19.8%
Jul 2005 19%
Jun 2005 19.1%
May 2005 8.8%
Apr 2005 17.5%
Mar 2005 17.5%
Feb 2005 14.6%
Jan 2005 12%
Dec 2004 9.7%
Nov 2004 13.1%
Oct 2004 24.1%
Sep 2004 20%
Aug 2004 16.2%
Jul 2004 13.8%
Jun 2004 12.1%
May 2004 19%
Apr 2004 12.3%
Mar 2004 3.8%
Feb 2004 -1.3%
Jan 2004 -0.7%
Dec 2003 0.7%
Nov 2003 7.7%
Oct 2003 2.3%
Sep 2003 -0.2%
Aug 2003 6.2%
Jul 2003 6.6%
Jun 2003 2.9%
May 2003 -4.4%
Apr 2003 -5.1%
Mar 2003 4.4%
Feb 2003 11.9%
Jan 2003 11.8%
Dec 2002 10%
Nov 2002 3.3%
Oct 2002 5.2%
Sep 2002 -2.3%
Aug 2002 -5.6%
Jul 2002 -7.1%
Jun 2002 -12.4%
May 2002 -7.7%
Apr 2002 -2%
Mar 2002 -2.1%
Feb 2002 -9%
Jan 2002 -6.4%
Dec 2001 -11.8%
Nov 2001 -18.7%
Oct 2001 -15.1%
Sep 2001 -7.9%
Aug 2001 -2.4%
Jul 2001 -1.1%
Jun 2001 4.3%
May 2001 5.2%
Apr 2001 8.6%
Mar 2001 1.2%
Feb 2001 4%
Jan 2001 3.2%
Dec 2000 7.8%

Recent Events

datetime event actual previous consensus
2025-10-09 02:00 AM PPI YoY (Sep) -2.8% -3% -
2025-09-09 02:00 AM PPI YoY (Aug) -3% -0.3% -

Next Release Date :

Norway Producer Price Index (PPI) : Definition
Norway's producer price change shows the year-over-year percentage change in prices received by domestic producers for their output. Key categories include oil and gas, manufacturing, fisheries, metals, and chemicals.
Indicator Last Value Prior Value Period
Annual Inflation Rate 3.15% 5.52% 2024
Core Inflation Rate 3% 3.1% Sep'25
Inflation Rate 3.6% 3.5% Sep'25
Inflation Rate MoM 0.4% -0.6% Sep'25