Norway Inflation Rate - Forecast

Inflation Rate in Norway is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Norway to stand at 1.80 in 12 months time. In the long-term, the Norway Inflation Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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Norway Prices Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 3.4 2.3 1.9 2 1.8 1.5
Harmonised Consumer Prices 110 109 110 111 112 112
Consumer Price Index CPI 110 109 109 111 111 112
Core Consumer Prices 107 107 107 108 109 111
Core Inflation Rate 1.9 1.7 1.6 1.6 1.7 1.9
GDP Deflator 109 111 112 112 112 112
Producer Prices 269 272 262 272 280 290
Producer Prices Change 21.1 12.5 7.5 4.5 4 3.2
Export Prices 155 156 157 158 158 158
Import Prices 143 145 145 145 145 145
Food Inflation 3.4 2.4 2.6 2.5 2.8 3.4
Inflation Rate Mom 0.6 0.5 0.2 0.2 0.2 0.4
CPI Housing Utilities 114 112 114 115 117 115
CPI Transportation 109 108 109 112 111 112