Economy / WORLD

Norway producer prices jumped as energy costs surged

Statistics Norway’s September producer price index rose 12.4% from August. Energy goods prices climbed 20.4% in the month, while oil and gas extraction prices rose 25.5% on the domestic market and 23.3% in export markets.

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Norway’s producer price index rose 12.4% in September from August, while energy goods prices increased 20.4%. Over the year, the total index rose 48.8% and energy goods prices rose 90.1%.

Within oil and gas extraction, prices increased 25.5% on the domestic market and 23.3% on the export market from August. The producer price index covers Norwegian output sold at home and abroad, not consumer prices, and is published without seasonal adjustment.

Data

Key figures

Norwegian producer prices

Selected monthly and annual changes in the September 2026 producer price index.

Total PPI monthly change
12.4 %
2026-09 · Observed
Energy goods PPI monthly change
20.4 %
2026-09 · Observed
Oil and gas extraction domestic-market monthly change
25.5 %
2026-09 · Observed
Oil and gas extraction export-market monthly change
23.3 %
2026-09 · Observed
Total PPI annual change
48.8 %
2026-09 · Observed
Energy goods PPI annual change
90.1 %
2026-09 · Observed
Methodology

Percentages are transcribed from Statistics Norway’s monthly index tables. Domestic and export markets for oil and gas extraction are kept separate; the index is not seasonally adjusted.

Updated:

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Norway consumer inflation reached 3.4% in September

Statistics Norway reported annual consumer-price inflation of 3.4% in September, while its tax-adjusted measure excluding energy rose 3.0%.

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