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  • House prices down 0.4 per cent

    The prices for existing dwellings decreased in many regions in the second quarter of 2017. The largest fall was in the Oslo region and the southern parts of Norway, according to seasonally adjusted figures.

    Article
  • Energy prices fell in June

    The decline in the PPI from May to June 2017 was due to a price drop on energy goods of 5.6 per cent. Lower prices on crude oil, refined petroleum products and electricity were the main cause.

    Article
  • CPI rose 0.4 per cent in June

    The Consumer Price Index (CPI) rose 0.4 per cent from May to June, mainly due to increased prices on airfares and higher food prices. The year-to-year growth in the CPI was 1.9 per cent in June, while the CPI-ATE rose 1.6 per cent the last twelve ...

    Article
  • Increased costs for asphalt work

    Road construction costs increased by 3.5 per cent from the second quarter of 2016 to the second quarter of 2017. In the same period, the road maintenance costs rose by 4.9 per cent.

    Article
  • New dwellings more expensive

    The prices for new flats, small houses and detached houses have increased during the last year.

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  • EFTA countries the most expensive in Europe

    The European statistics office (Eurostat) recently released calculations based on a price level survey conducted in all European countries. Results show that Norway had one of the highest price levels in Europe in 2016, particularly for alcoholic ...

    Article
  • Norway fourth place in GDP comparison

    The latest released figures for price level adjusted GDP per capita show that Norway is 49 percent over the European average. 

    Article
  • Increase in construction costs

    The construction costs of residential buildings increased by 0.4 per cent from April to May this year. Labour costs rose by 0.9 per cent in the same period.

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  • Upward trend in manufacturing prices

    The PPI fell by 0.8 per cent from April to May. This was to a large degree caused by a lower price of crude oil. The prices within manufacturing fell slightly this month, but have mostly been upward trending the last twelve months. 

    Article
  • Small increase in the CPI

    The CPI rose 0.2 per cent from April to May, mainly due to increased food prices. The year-to-year growth in the CPI was 2.1 per cent in May, while the CPI-ATE rose 1.6 per cent the last twelve months. 

    Article
  • HICP up 0.3 per cent from last month

    The harmonized index of consumer prices (HICP) for Norway increased by 0.3 per cent from April to May. The year-to-year growth was 2.2 in May, down 0.1 percentage points since April.

    Article
  • Higher electricity prices for households

    The average price of electricity for households, excluding taxes and grid rent, was 34.3 øre per Kwh in the first quarter of 2017. This is 20 per cent higher compared to the first quarter in 2016.

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  • Increase in construction costs

    The construction costs of residential buildings increased by 0.5 per cent from March to April this year.

    Article
  • Less expensive air transport

    Passenger air transport prices were 10.6 per cent lower in the 1st quarter of 2017 than in the same quarter last year. Compared to the 4th quarter of 2016, prices decreased 4.5 per cent.

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  • Price increase for legal activities

    Within legal activities, prices increased by 4.5 per cent from the 1st quarter of 2016 to the 1st quarter of 2017. This is the largest yearly growth since the 4th quarter of 2014. Compared to the previous quarter, prices increased by 3.5 per cent.

    Article