The CPI adjusted for tax changes and excluding energy products (CPI-ATE) in Norway went up by 3.1% year-on-year in July 2025, matching June’s pace and maintaining its highest growth in three periods. source: Statistics Norway
Core Inflation Rate in Norway averaged 2.21 percent from 2003 until 2025, reaching an all time high of 7.00 percent in June of 2023 and a record low of -0.10 percent in February of 2004. This page provides - Norway Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.
Core Inflation Rate in Norway is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Core Inflation Rate is projected to trend around 2.50 percent in 2026 and 2.10 percent in 2027, according to our econometric models.