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

Annual inflation rate in Norway came in at 3.4 percent year-on-year in September 2018, unchanged from the previous month’s 20-month high and above market consensus of 3.2 percent. Prices rose at a faster pace for food and non-alcoholic beverages (3.4 percent vs 3.2 percent in August); recreation and culture (3.1 percent vs 2.8 percent) and furniture and household equipment (3.2 percent vs flat reading in August). On the other hand, prices increased less than a month earlier for both housing and utilities (6.1 percent vs 6.5 percent) and transport (3.5 percent vs 3.8 percent); while inflation was steady for miscellaneous goods and services (at 1.4 percent). Annual core inflation rate, which is adjusted for tax changes and excludes energy products, stood at 1.9 percent in September, the same pace as in August, but beating market consensus of 1.8 percent. On a monthly basis, consumer prices increased by 0.6 percent, after a 0.4 percent drop in August. Inflation Rate in Norway averaged 4.61 percent from 1950 until 2018, 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.

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Calendar	GMT		Actual	Previous	Consensus	TEForecast
2018-08-10	06:00 AM	Inflation Rate YoY	3%	2.6%	2.6%	2.4%
2018-09-10	06:00 AM	Inflation Rate YoY	3.4%	3%	3.2%	2.7%
2018-10-10	06:00 AM	Inflation Rate YoY	3.4%	3.4%	3.2%	3.2%
2018-11-09	07:00 AM	Inflation Rate YoY		3.4%		2.9%
2018-12-10	07:00 AM	Inflation Rate YoY				2.4%

Norway Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	3.40	3.40	18.90	-1.80	percent	[+]
Harmonised Consumer Prices	110.30	109.70	110.30	69.20	Index Points	[+]
Consumer Price Index CPI	109.50	108.90	109.50	5.09	Index Points	[+]
Core Consumer Prices	106.90	106.40	106.90	82.30	Index Points	[+]
Core Inflation Rate	1.90	1.90	3.70	-0.10	percent	[+]
GDP Deflator	109.29	106.55	109.29	19.86	Index Points	[+]
Producer Prices	268.80	264.90	268.80	37.56	Index Points	[+]
Producer Prices Change	21.10	22.80	33.90	-18.60	percent	[+]
Export Prices	154.90	151.50	154.90	57.64	Index Points	[+]
Import Prices	142.90	143.10	143.10	71.76	Index Points	[+]
Food Inflation	3.40	3.20	19.90	-7.10	percent	[+]
Inflation Rate Mom	0.60	-0.40	5.45	-1.72	percent	[+]
CPI Housing Utilities	114.50	114.30	114.50	19.50	Index Points	[+]
CPI Transportation	109.20	109.20	111.40	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 October of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	3.40	3.40	18.90	-1.80	1950 - 2018	percent	Monthly	2015=100

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inflation rate by Country

Country	Last		Previous	Highest	Lowest
Argentina	40.50	Sep/18	34.4	20263	-7	%	Monthly
Australia	2.10	Jun/18	1.9	23.9	-1.3	%	Quarterly
Brazil	4.53	Sep/18	4.19	6821	1.65	%	Monthly
Canada	2.20	Sep/18	2.8	21.6	-17.8	%	Monthly
China	2.50	Sep/18	2.3	28.4	-2.2	%	Monthly
Euro Area	2.10	Sep/18	2	5	-0.7	%	Monthly
France	2.20	Sep/18	2.3	18.8	-0.7	%	Monthly
Germany	2.30	Sep/18	2	11.54	-7.62	%	Monthly
India	3.77	Sep/18	3.69	12.17	1.54	%	Monthly
Indonesia	2.88	Sep/18	3.2	82.4	-1.17	%	Monthly
Italy	1.40	Sep/18	1.6	25.64	-0.6	%	Monthly
Japan	1.20	Sep/18	1.3	24.9	-2.5	%	Monthly
Mexico	5.02	Sep/18	4.9	180	2.13	%	Monthly
Netherlands	1.90	Sep/18	2.1	11.19	-1.3	%	Monthly
Russia	3.40	Sep/18	3.1	2333	2.2	%	Monthly
Saudi Arabia	2.20	Aug/18	2.2	11.1	-2	%	Monthly
Singapore	0.70	Aug/18	0.6	34	-3.1	%	Monthly
South Africa	4.90	Aug/18	5.1	20.7	0.2	%	Monthly
South Korea	1.90	Sep/18	1.4	32.5	0.2	%	Monthly
Spain	2.30	Sep/18	2.2	28.43	-1.37	%	Monthly
Switzerland	1.00	Sep/18	1.2	11.92	-1.4	%	Monthly
Turkey	24.52	Sep/18	17.9	139	-4.01	%	Monthly
United Kingdom	2.40	Sep/18	2.7	8.5	-0.1	%	Monthly
United States	2.30	Sep/18	2.7	23.7	-15.8	%	Monthly