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Norway's Producer Price Index Including Oil Decreased by 1% Year Over Year in June, Better Than Last Month's Drop of 0.1% 📉🛢️
Norway PPI Including Oil (M/M) Jun: -0.3% (prev -3.0%) - PPI Including Oil (Y/Y): -1.0% (prev -0.1%)
Norway's Producer Price Index Including Oil for June decreased by 0.3%, smaller drop compared to the previous month's 3.0% decline 📉.
Norway’s Producer Price Index, which includes oil and gas, fell 0.3% in June from May, easing from the 3.0% decline recorded the previous month, official data show. On an annual basis, producer prices were 1.0% lower than a year earlier, compared with a 0.1% drop in May. The narrower month-on-month contraction suggests some stabilisation in input costs, though prices remain below year-earlier levels amid continued weakness in energy markets.
