Producer Price Index (YoY)
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Nov 09, 07:00 |
|
Producer Price Index (YoY) |
|
21.1% | 22.5% |
Producer Price Index (YoY)
The Producer Price Index released by the Statistics Norway measures the average changes in prices in primary markets of Norway by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Generally speaking, a high reading is seen as positive (or bullish) for the Norwegian krone, whereas a low reading is seen as negative (or bearish).
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