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Statistics Norway – official statistics about Norwegian society since 1876

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Good results for banks

Norwegian banks profit amounted to NOK 31.6 billion in the first half of 2019. Net interest income increased with NOK 3.9 billion, compared with the same period in 2018.

CPI up 1.9 per cent last 12 months

The Consumer Price Index (CPI) increased by 1.9 per cent from July 2018 to July 2019, while the CPI-ATE growth was 2.2 per cent in the same period. From June 2019 to July 2019 the CPI increased by 0.7 per cent, while the [CPI-ATE] increased by 0.6 per cent.

Expected pricedrop for refined products

A pricefall in June for crude oil and natural gas gave a steep decline in the prices for refined petroleum products in July. The prices for electricity rose after five months of falling, and thus had a dampening effect on the producer price index (PPI) in July.

Norwegian food prices top European comparison

In 2018, Norway had the highest price level for food and non-alcoholic beverages overall in Europe. Prices for dairy products, eggs, vegetables and grain products were significantly higher than the EU countries’ average.