Norway Inflation Rate  1950-2017 | Data | Chart | Calendar | Forecast

Norway's consumer prices increased 1.3 percent from a year earlier in August 2017, easing from a 1.5 percent gain in the previous month and missing market expectations of 1.7 percent. It was the lowest inflation rate since February 2013, as prices rose at a slower pace for: Recreation and culture (3 percent from 3.1 percent in July); miscellaneous goods and services (2.1 percent from 2.2 percent); and restaurants and hotels (3.6 percent from 3.7 percent). Meanwhile, cost fell for: Food and non-alcoholic beverages (-1.7 percent from 0.7 percent in July); furnishings, household equipment and routine maintenance (-2.4 percent from -2.3 percent); and clothing and footwear (-5.1 percent from -5.3 percent). Annual core inflation rate, which is adjusted for tax changes and excludes energy products, fell to 0.9 percent from 1.2 percent in July. On a monthly basis, consumer prices dropped 0.8 percent and core consumer prices declined 0.9 percent. Inflation Rate in Norway averaged 4.64 percent from 1950 until 2017, reaching an all time high of 18.90 percent in June of 1951 and a record low of -1.80 percent in January of 2004.

Norway Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-10 06:00 AM Inflation Rate YoY 1.9% 2.1% 1.7% 1.9%
2017-08-10 06:00 AM Inflation Rate YoY 1.5% 1.9% 1.4% 1.5%
2017-09-11 06:00 AM Inflation Rate YoY 1.3% 1.5% 1.7% 1.7%
2017-10-10 06:00 AM Inflation Rate YoY 1.3% 1.40%
2017-11-10 07:00 AM Inflation Rate YoY 1.40%
2017-12-11 07:00 AM Inflation Rate YoY 1.50%


Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 1.30 1.50 18.90 -1.80 percent [+]
Harmonised Consumer Prices 105.60 106.40 106.40 69.20 Index Points [+]
Consumer Price Index CPI 105.30 106.10 106.10 5.09 Index Points [+]
Core Consumer Prices 104.40 105.40 105.40 82.30 Index Points [+]
Core Inflation Rate 0.90 1.20 3.70 -0.10 percent [+]
GDP Deflator 101.12 102.86 104.00 19.59 Index Points [+]
Producer Prices 215.80 214.90 256.40 37.56 Index Points [+]
Producer Prices Change 4.00 1.80 33.90 -18.60 percent [+]
Export Prices 144.10 144.00 144.10 57.64 Index Points [+]
Import Prices 134.70 132.50 134.70 71.76 Index Points [+]
Food Inflation -1.70 0.70 19.90 -7.10 percent [+]
CPI Housing Utilities 107.30 107.10 107.50 19.50 Index Points [+]
CPI Transportation 105.20 107.50 107.50 21.00 Index Points [+]
Inflation Rate Mom -0.80 0.30 5.45 -1.72 percent [+]


Norway Inflation Rate

In Norway, the most important category in the consumer price index is Housing and Utilities (23 percent of total weight). Transport accounts for 16 percent; Food and Non-Alcoholic Beverages for 13 percent; Recreation and Culture for 12 percent; Miscellaneous Goods and Services for 9 percent and Furniture, Household Goods and Maintenance for 7 percent. Restaurants and Hotels; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 21 percent of total weight. This page provides - Norway Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.50 18.90 -1.80 1950 - 2017 percent Monthly
2015=100




inflation rate by Country

Last
Australia 1.90 Jun/17
Brazil 2.46 Aug/17
Canada 1.40 Aug/17
China 1.80 Aug/17
Euro Area 1.50 Aug/17
France 0.90 Aug/17
Germany 1.80 Aug/17
India 3.36 Aug/17
Indonesia 3.82 Aug/17
Italy 1.20 Aug/17
Japan 0.40 Jul/17
Mexico 6.66 Aug/17
Netherlands 1.40 Aug/17
Russia 3.30 Aug/17
South Korea 2.60 Aug/17
Spain 1.60 Aug/17
Switzerland 0.50 Aug/17
Turkey 10.68 Aug/17
United Kingdom 2.90 Aug/17
United States 1.90 Aug/17