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Prices and price indices: Producer and wholesale price indices
All content for subtopic producer and wholesale price indices
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Continued drop in PPI
Heavy price falls on natural gas and refined petroleum products lead to a decrease of 2.7 percent in the producer price index for May. This comes despite a solid increase in prices on crude oil this month.
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Significant drop in electricity prices
The average price of electricity for households, excluding taxes and grid rent, was 26.8 øre per kWh in the first quarter of 2020. Compared to the first quarter of 2019, which had a very high price, the electricity price was down 51 per cent.
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Energy prices continue to drop
Significant price reductions on most energy goods caused a further decrease in the Producer Price Index in April. Natural gas had a positive price development, but only due to a weak Norwegian krone.
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An uneasy world made its mark on PPI
March saw the largest monthly decrease in producer price index (PPI) in over 15 years. Uncertainties relating to the corona pandemic and the petroleum markets' are the main causes of this downturn.
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Downturn in export prices in February
The producer price index (PPI) fell by 3.3 per cent from January to February. Reduced export prices on oil and gas had the largest impact, but reduced electricity prices were another contributing factor.
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Another year of high electricity prices for households
The average price of electricity for households in 2019, excluding taxes and grid rent, was 48.7 øre per kWh, which is about he same level as the top listing the year before.
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Electricity prices drove PPI down
The first month of the decade resulted in a downturn in the producer price index (PPI). The lion’s share of this downturn came from most of the energy goods. A smaller dip in the prices on crude oil and natural gas was joined by a larger fall in p...
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Petroleumdriven upturn in PPI
The last month of the decade gave a large bump in the producer price index (PPI). This increase was mainly driven by the petroleum sector, while the electricity prices pushed in the other direction.
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Price increase on all energy goods
After two months of fall with marginal bumps in the Producer Price Index, November did see a somewhat stronger price increase. The increase of 1,7 percent in the total index was mainly a result of increased prices on all energy products.
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Electricity price decreased from a high level
The average price of electricity for households, excluding taxes and grid rent, was 42.5 øre per kWh in the third quarter of 2019. Compared to the third quarter of 2018, which had a very high price, the electricity price was down 23 per cent.
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Gaps in prices on energy goods
The prices on crude oil and natural gas sank in October. However, the total index for energy goods did not go down noticeably. This was caused by the prices on both refined petroleum products and electricity getting an upturn.
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Shocks in supply drives energy prices
An attack on Saudi-Arabia’s oil production led to a sudden jump in oil prices, while surpluses of natural gas led to a decrease in the Norwegian producer price index (PPI). The PPI excluding energy products increased marginally, mainly due to high...
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Price increase on natural gas
A reduction in the price of crude oil of almost 5 per cent decreased the producer price index (PPI) from July to August, but with a sharp increase in the price of natural gas, the drop in the total index was minimal.
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Lower electricity price for households
The average price of electricity for households, excluding taxes and grid rent, was 45.6 øre per kWh in the second quarter of 2019. That’s nearly 10 øre lower than the three previous quarters when the electricity price was record high. Compared to...
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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 got an upturn after five months of falling, and thus had a dampening effect on the producer pri...
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