RTTNews - Monday, the Statistics Norway said in a report that the producer price index dropped 7.1% year-over-year in July, in contrast to the 0.8% increase in June.

The prices of extraction of oil and natural gas declined 10.9% annually in July, while prices of manufacturing, mining and quarrying dropped 1.7%.

Meanwhile, producer prices dipped 5.7% month-on-month in July.

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