Cost of food in Norway increased 2.6 percent in May of 2022 over the same month in the previous year. source: Statistics Norway
Food Inflation in Norway averaged 3.35 percent from 1980 until 2022, reaching an all time high of 19.90 percent in July of 1981 and a record low of -7.10 percent in June of 2002. This page provides - Norway Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Food Inflation - values, historical data and charts - was last updated on June of 2022.
Food Inflation in Norway is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Food Inflation is projected to trend around 1.80 percent in 2023 and 1.90 percent in 2024, according to our econometric models.