Norway June Producer Prices Rise

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10:58 GMT

Jul 2009

Norway June Producer Prices Rise

(RTTNews) - Friday, the Statistics Norway said in a report that the producer price index climbed 0.8% year-on-year in June, after a 2.9% fall in May.

Annually, the price of extraction of oil and natural gas rose 1.9%, while prices of manufacturing, mining and quarrying remained flat. However, price of utilities dropped 2.3%. Among industrial groups, the largest rise in prices of 8.6% was for investment goods.

Meanwhile, producer prices climbed 8.7% month-on-month in June, after rising 6.5% in May.

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