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09.10.202506:11:41UTC+00Norway Producer Prices Fall at Softer Pace

In September 2025, producer prices in Norway experienced a 2.8% year-on-year decline, slightly less severe than the 3% decrease observed in August. The reduction was more gradual in the extraction sector for oil and natural gas, with prices dropping by 12.2% compared to 13% in the previous month. Similarly, the decline in energy goods prices eased to 7.9% from 9.1%. In contrast, the inflation rate for manufacturing products moderated to 1.3% from 1.7%, and prices in the electricity, gas, and steam sector saw a slight decrease, rising by 38% compared to the 40.1% increase in the prior month. When energy goods were excluded, overall producer price inflation slowed to 1.3% in September, down from 2.7% in August. On a month-to-month basis, the total Producer Price Index (PPI) decreased by 1.7%, following a 0.9% decline recorded in August.

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