Norway Inflation Rate  1950-2018 | Data | Chart | Calendar | Forecast

Norway's consumer price inflation rose to a three-month high of 1.6 percent year-on-year in December 2017 from 1.1 percent in the previous month and slightly above market consensus of 1.5 percent. Main upward pressure came from: housing and utilities (2.4 percent vs 1.4 percent in November); transport (3.1 percent vs 2.4 percent); and food and non-alcoholic beverages (0.6 percent vs -0.8 percent). Meanwhile, inflation was steady for miscellaneous goods and services (at 2.1 percent), and slowed for recreation and culture (1.9 percent vs 2.1 percent). Annual core inflation rate, which is adjusted for tax changes and excludes energy products, rose to 1.4 percent from 1 percent in November, also above market expectations of 1.2 percent. On a monthly basis, consumer prices were unchanged while the core index went up 0.1 percent. Considering 2017 as a whole, the CPI rose 1.8 percent. Inflation Rate in Norway averaged 4.63 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
2017-11-10 07:00 AM Inflation Rate YoY 1.2% 1.6% 1.4% 1.8%
2017-12-11 07:00 AM Inflation Rate YoY 1.1% 1.2% 1.2% 1.5%
2018-01-10 07:00 AM Inflation Rate YoY 1.6% 1.1% 1.5% 1.4%
2018-02-09 07:00 AM Inflation Rate YoY 1.6% 1.80%
2018-03-09 07:00 AM Inflation Rate YoY 1.90%
2018-04-10 06:00 AM Inflation Rate YoY 1.90%


Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.10 18.90 -1.80 percent [+]
Harmonised Consumer Prices 106.50 106.60 106.60 69.20 Index Points [+]
Consumer Price Index CPI 106.10 106.10 106.10 5.09 Index Points [+]
Core Consumer Prices 105.00 104.90 105.40 82.30 Index Points [+]
Core Inflation Rate 1.40 1.00 3.70 -0.10 percent [+]
GDP Deflator 100.67 101.12 104.00 19.59 Index Points [+]
Producer Prices 241.50 234.80 256.40 37.56 Index Points [+]
Producer Prices Change 7.30 9.70 33.90 -18.60 percent [+]
Export Prices 145.00 141.40 145.00 57.64 Index Points [+]
Import Prices 139.40 134.10 139.40 71.76 Index Points [+]
Food Inflation 0.60 -0.80 19.90 -7.10 percent [+]
Inflation Rate Mom 0.00 0.10 5.45 -1.72 percent [+]
CPI Housing Utilities 109.20 109.00 109.20 19.50 Index Points [+]
CPI Transportation 105.70 104.80 107.50 21.00 Index Points [+]


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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.10 18.90 -1.80 1950 - 2017 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.95 Dec/17
Canada 2.10 Nov/17
China 1.80 Dec/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 5.21 Dec/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 0.60 Nov/17
Mexico 6.77 Dec/17
Netherlands 1.30 Dec/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.10 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.00 Dec/17
United States 2.10 Dec/17


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