Producer prices in Norway fell by 0.3% year-on-year in July 2025, marking the third consecutive month of producer deflation but easing from a 1% drop in the previous month. Prices decreased at a softer pace for energy goods (-4.2% vs -5.4% in June) and the extraction of oil and natural gas (-5.7% vs -6.6%). In addition, price growth accelerated for electricity, gas, and steam (23.6% vs 12.9%) and manufacturing (2% vs 1.8%). Meanwhile, excluding energy goods, producer prices edged up to 2.9% in July from 2.8% in June. On a monthly basis, producer prices rose 0.8%, rebounding from a 0.3% drop in the preceding month.