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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NorwayNorway Producer Price Index YoY climbed to 24.0% in May 2026
FMPMonthlyReleased June 2026
Norway Producer Price Index YoY climbed to 24.0% in May 2026, released June 2026, up 1.3% from April's 22.7% reading. The reading missed the 26.0% consensus by 2.0%. Producer Price Index YoY has now risen for 4 consecutive months. Over the past 3 months, Producer Price Index YoY averaged 19.8%, vs -9.53% in the prior 3-month window. Producer Price Index YoY is now the highest in 16 months.
Latest Release
24
Actual
26
Consensus
22.7
Previous
Median Absolute Error
±3.14 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 28.6
Actual: 24
Error: +4.6
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| FTSE 100 | ▼ Inverse | −0.76 | INDEX | Bearish FTSE 100 | → View |
| Euro STOXX 50 | ▼ Inverse | −0.71 | INDEX | Bearish Euro STOXX 50 | → View |
| DAX | ▼ Inverse | −0.60 | INDEX | Bearish DAX | → View |
| S&P 500 | ▼ Inverse | −0.58 | INDEX | Bearish S&P 500 | → View |
| XAU/USD | ▼ Inverse | −0.36 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Norway) was reported at 24% in June 2026. This missed the market consensus of 26% by 2%. The reading rose from the previous value of 22.7%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged -0.36%, ranging from -11.4% to 24% across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 12.43%, up from the prior three at -9.1%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with FTSE 100 (Bearish FTSE 100). A secondary relationship exists with Euro STOXX 50, negatively correlated (Bearish Euro STOXX 50). Over the last 12 releases, the Sigmacast model's median absolute error is 3.14%.
WHAT TO WATCH NEXT
The next release is scheduled for July 9, 2026. Same-country events in the next 14 days include Norges Bank Interest Rate Decision (Jun 18) and Interest Rate Decision (Jun 18).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Producer Price Index YoY - NO
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About Producer Price Index YoY — Norway
DEFINITION
Norway's Producer Price Index YoY rose to 24.000000% in June, missing the 26.000000% estimate but up from May's 22.700000%. The increase signals continued inflationary pressure in producer prices, though at a slower pace than expected. Market focus will remain on upcoming inflation data and central bank responses amid persistent price gains. Updated 6/9/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 24 %, consensus 26 %. Prior reading (Apr 2026): 22.7 %. Before that (Mar 2026): 16.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with FTSE 100 (Bearish FTSE 100, r=-0.76) — a useful reference for index-focused traders.