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

Norway's consumer price inflation stood at 2.2 percent year-on-year in March 2018, unchanged from the previous month's ten-month high and below market consensus of 2.4 percent. Prices rose faster for both housing and utilities (4.6 percent vs 3.6 percent in February) and recreation and culture (2.5 percent vs 1.3 percent), while inflation slowed for: transport (3.3 percent vs 3.7 percent); food and non-alcoholic beverages (1.6 percent vs 3 percent); and miscellaneous goods and services (1.8 percent from 2.3 percent). Annual core inflation rate, which is adjusted for tax changes and excludes energy products, went down to 1.2 percent from 1.4 percent in February, also below market expectations of 1.5 percent. On a monthly basis, consumer prices rose 0.3 percent and the core index increased 0.2 percent. Inflation Rate in Norway averaged 4.62 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.

Norway Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-02-09 07:00 AM Inflation Rate YoY 1.6% 1.6% 1.6% 1.7%
2018-03-09 07:00 AM Inflation Rate YoY 2.2% 1.6% 1.8% 1.6%
2018-04-10 06:00 AM Inflation Rate YoY 2.2% 2.2% 2.4% 1.9%
2018-05-09 06:00 AM Inflation Rate YoY 2.2% 2%
2018-06-11 06:00 AM Inflation Rate YoY 1.9%
2018-07-10 06:00 AM Inflation Rate YoY 1.7%


Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 2.20 2.20 18.90 -1.80 percent [+]
Harmonised Consumer Prices 107.70 107.40 107.70 69.20 Index Points [+]
Consumer Price Index CPI 107.30 107.00 107.30 5.09 Index Points [+]
Core Consumer Prices 105.20 105.00 105.40 82.30 Index Points [+]
Core Inflation Rate 1.20 1.40 3.70 -0.10 percent [+]
GDP Deflator 103.45 100.99 104.00 19.61 Index Points [+]
Producer Prices 244.00 242.70 256.40 37.56 Index Points [+]
Producer Prices Change 6.40 4.70 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 1.60 3.00 19.90 -7.10 percent [+]
Inflation Rate Mom 0.30 0.90 5.45 -1.72 percent [+]
CPI Housing Utilities 112.20 111.20 112.20 19.50 Index Points [+]
CPI Transportation 107.20 107.30 107.50 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.20 18.90 -1.80 1950 - 2018 percent Monthly
2015=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.68 Mar/18
Canada 2.30 Mar/18
China 2.10 Mar/18
Euro Area 1.30 Mar/18
France 1.60 Apr/18
Germany 1.60 Apr/18
India 4.28 Mar/18
Indonesia 3.41 Apr/18
Italy 0.50 Apr/18
Japan 1.10 Mar/18
Mexico 5.04 Mar/18
Netherlands 1.00 Mar/18
Russia 2.40 Mar/18
South Korea 1.60 Apr/18
Spain 1.10 Apr/18
Switzerland 0.80 Mar/18
Turkey 10.23 Mar/18
United Kingdom 2.50 Mar/18
United States 2.40 Mar/18


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