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CPI up 3.1 per cent last 12 months
From May 2025 to May 2026 the Consumer Price Index (CPI) rose by 3.1 per cent, while the CPI adjusted for tax changes and excluding energy products (CPI-ATE) rose by 3.4 per cent. The CPI increased by 0.2 per cent from April to May, while the CPI-ATE increased by 0.4 per cent in the same period.
Salmon price in the period of June 1st – June 7th
In the period of June 1st – June 7th the export price of fresh salmon came to NOK 72.78 per kilo, down by 4.6 per cent compared to the previous seven-day period.
Strongest price growth for exported goods in May
The prices that the Norwegian manufacturing industries received for their goods increased overall by 9.4 percent from May last year to May this year. Export prices continued to rise, but less than in April. For the second month in a row, the price growth was strongest on exported goods, both compared to the previous month and compared to the same month last year.
Commodity Price Shocks and Business Cycles in a Resource-Rich Economy
Commodity price shocks can be a key driver of business cycles in resource-rich small open economies.
