Norway Inflation Quickens to 3.4%

2026-10-09 06:17 By Kyrie Dichosa 1 min. read

Norway’s annual inflation rate rose to 3.4% in September 2026, the highest since April, up from 3.3% in August but below expectations of 3.6%.

Price growth accelerated mainly for food and non-alcoholic beverages (2.4% vs. 1.6% in August) and transport (4.8% vs. 2.4%).

Inflation also picked up for alcoholic beverages and tobacco (2.6% vs. 2.4%), health (4.9% vs. 4.4%), recreation, sport and culture (4.0% vs. 3.8%), education (4.3% vs. 2.4%), and restaurants and accommodation services (6.0% vs. 5.5%).

By contrast, inflation eased for housing, electricity and fuels (3.5% vs. 3.9%), information and communication (1.7% vs. 3.2%), and other goods and services (3.9% vs. 4.3%).

Meanwhile, prices of furnishings and household equipment fell 1.1% year-on-year, reversing a 1.5% increase in August.

On a monthly basis, consumer prices rose 0.5%, following a 0.3% decline in August.

The CPI-ATE, which excludes energy prices and tax changes, rose 3.1% year-on-year and 0.2% month-on-month.



News Stream
Norway Inflation Quickens to 3.4%
Norway’s annual inflation rate rose to 3.4% in September 2026, the highest since April, up from 3.3% in August but below expectations of 3.6%. Price growth accelerated mainly for food and non-alcoholic beverages (2.4% vs. 1.6% in August) and transport (4.8% vs. 2.4%). Inflation also picked up for alcoholic beverages and tobacco (2.6% vs. 2.4%), health (4.9% vs. 4.4%), recreation, sport and culture (4.0% vs. 3.8%), education (4.3% vs. 2.4%), and restaurants and accommodation services (6.0% vs. 5.5%). By contrast, inflation eased for housing, electricity and fuels (3.5% vs. 3.9%), information and communication (1.7% vs. 3.2%), and other goods and services (3.9% vs. 4.3%). Meanwhile, prices of furnishings and household equipment fell 1.1% year-on-year, reversing a 1.5% increase in August. On a monthly basis, consumer prices rose 0.5%, following a 0.3% decline in August. The CPI-ATE, which excludes energy prices and tax changes, rose 3.1% year-on-year and 0.2% month-on-month.
2026-10-09
Norway Inflation Picks Up to 3.3% in August
Norway’s annual inflation rate rose to a four-month high of 3.3% in August 2026 from 3.0% in July, coming in above expectations of 3.2%. Price growth mainly accelerated for food and non-alcoholic beverages (1.6% vs. 1.1% in July), furnishings and household equipment (1.5% vs. 0.5%), information and communication (3.2% vs. 1.4%), and other goods and services (4.3% vs. -2.1%). By contrast, price growth slowed for housing, water, electricity, gas and other fuels (3.9% vs. 4.6%), and transport (2.4% vs. 2.6%). Inflation also moderated for clothing and footwear (2.2% vs. 2.9%), alcoholic beverages and tobacco (2.4% vs. 2.6%), recreation, sport and culture (3.8% vs. 4.3%), and restaurants and accommodation services (5.5% vs. 5.7%). On a monthly basis, consumer prices fell 0.3%, following a 1% jump in July. Meanwhile, the CPI-ATE, which excludes energy prices and tax changes, rose 3.0% year-on-year, while falling 0.5% month-on-month.
2026-09-10
Norway Inflation Rate Picks Up to 3%
Norway’s annual inflation rate rose to 3% in July 2026 from 2.7% in the previous month. Price growth mainly accelerated for housing, water, electricity, gas and other fuels (4.6% vs. 3.4% in June) and transport (2.6% vs. 1.7%), amid elevated global energy prices. Inflation also increased for health (4.4% vs. 3.8%), recreation, sport and culture (4.3% vs. 3.2%), and clothing and footwear (2.9% vs. 2.6%). By contrast, price growth slowed for food and non-alcoholic beverages (1.1% vs. 2.3%), furnishings and household equipment (0.5% vs. 2.3%), alcoholic beverages, tobacco and narcotics (2.6% vs. 2.8%), restaurants and accommodation services (5.7% vs. 6.0%), and insurance and financial services (7.9% vs. 8.9%). On a monthly basis, consumer prices jumped 1%, the most since February 2025, following a 0.2% decline in June. Meanwhile, the CPI-ATE, which excludes energy prices and tax changes, rose 2.7% year-on-year, unchanged from June, while increasing 0.8% month-on-month.
2026-08-10