*Norwegian 2011 Investments In Oil And Gas Activity Seen At NOK 146.3 Bln

*Italian April Unadj. Industrial Production Rises 8.7% On Year, Consensus 7.2% Increase

*Norway May HICP Down 0.5% M-o-M, Rises 2.6% Annually

*Italian April Adj. Industrial Production Up 1% On Month, Consensus 0.6% Rise

*Norway May PPI Up 18.4% On Year