Core consumer prices in Norway increased 3.70 percent in August of 2020 over the same month in the previous year.
Core Inflation Rate in Norway averaged 1.76 percent from 2003 until 2020, reaching an all time high of 3.70 percent in July of 2016 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 2020. source: Statistics Norway
Core Inflation Rate in Norway is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Norway to stand at 2.60 in 12 months time. In the long-term, the Norway Core Inflation Rate is projected to trend around 2.50 percent in 2021 and 1.90 percent in 2022, according to our econometric models.