Financial News: Norway Producer Price Inflation Highest Since September 20

Norway Producer Price Inflation Highest Since September 2022

06/09/2026 - 05:03:00 (RTTNews)

(RTTNews) - Norway's producer price inflation accelerated further in May to the highest level in nearly four years, data from Statistics Norway showed on Tuesday.

The producer price index climbed 24.0 percent year-on-year in May, following a 22.7 percent spike in the prior month.

Moreover, the latest rate of growth was the quickest since September 2022, when prices surged 52.3 percent.

Prices in the utility sector alone grew by 58.5 percent from last year. The price index for energy goods rose sharply by 41.2 percent, and those for extraction and related services climbed by 32.9 percent. Data showed that manufacturing prices logged an increase of 9.4 percent.

On a monthly basis, producer prices dropped 1.8 percent, faster than the 0.5 percent fall in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

China Exports Surge Despite Geopolitical Tensions (40 min(s), 08 sec(s) ago)
(RTTNews) - China's exports surged in May fueled by increased shipments of automobiles and art ...Full Story»

Hungary Inflation Eases To 1.8% In May (44 min(s), 08 sec(s) ago)
(RTTNews) - Hungary's consumer price inflation moderated for the first time in three months in ...Full Story»

Norway Producer Price Inflation Highest Since September 2022 (01 hr(s), 22 min(s), 08 sec(s) ago)
(RTTNews) - Norway's producer price inflation accelerated further in May to the highest level ...Full Story»

Estonia Trade Deficit Widens In April (01 hr(s), 57 min(s), 08 sec(s) ago)
(RTTNews) - Estonia's foreign trade deficit increased in April from a year ago, figures from S ...Full Story»

Finland Trade Gap Narrows In April (02 hr(s), 08 min(s), 08 sec(s) ago)
(RTTNews) - Finland's foreign trade deficit decreased somewhat in April from a year ago as exp ...Full Story»

German Exports Grow Unexpectedly (02 hr(s), 20 min(s), 08 sec(s) ago)
(RTTNews) - Germany's exports increased unexpectedly in April and growth in imports slowed not ...Full Story»

Dutch Inflation Confirmed At 13-month High (02 hr(s), 35 min(s), 08 sec(s) ago)
(RTTNews) - Dutch consumer price inflation increased as estimated initially in May to the highest ...Full Story»

German Industrial Output Rises (02 hr(s), 41 min(s), 08 sec(s) ago)
(RTTNews) - Germany's industrial production expanded for the first time in five months in Apri ...Full Story»