Norway’s annual inflation rate eased to 3.4% in April 2026 from 3.6% in March. Price growth mainly slowed for housing, water, electricity, gas and other fuels (3.6% vs 4.9% in March) and transport (2.4% vs 4.2%). Inflation also moderated for furnishings and household equipment (0.3% vs 2.4%) and restaurants and accommodation services (5.8% vs 6.3%). Meanwhile, price growth accelerated sharply for food and non-alcoholic beverages (6.6% vs 1.6%), alongside alcoholic beverages and tobacco (3.5% vs 3.2%), clothing and footwear (1.5% vs 1.4%), and recreation and culture (4.0% vs 3.9%). Inflation was unchanged for education services at 2.4%, while prices for personal care and miscellaneous goods remained in deflation (-1.3% vs -1.2%). On a monthly basis, the CPI rose 0.4%, accelerating from a 0.2% gain in the previous period. Meanwhile, the CPI-ATE, which excludes energy and tax effects, grew 3.2% year-on-year, the highest growth in three months, picking up from the 3.0% increase in March. source: Statistics Norway

Inflation Rate in Norway decreased to 3.40 percent in April from 3.60 percent in March of 2026. Inflation Rate in Norway averaged 4.49 percent from 1950 until 2026, 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. This page provides - Norway Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

Inflation Rate in Norway decreased to 3.40 percent in April from 3.60 percent in March of 2026. Inflation Rate in Norway is expected to be 3.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Inflation Rate is projected to trend around 2.40 percent in 2027 and 2.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-10 06:00 AM
Inflation Rate YoY
Mar 3.6% 2.7% 3.6% 3.5%
2026-05-11 06:00 AM
Inflation Rate YoY
Apr 3.4% 3.6% 3.6%
2026-06-10 06:00 AM
Inflation Rate YoY
May 3.4% 3.3%



Components Last Previous Unit Reference
Food Inflation 6.60 1.60 percent Apr 2026

Related Last Previous Unit Reference
CPI 102.80 102.40 points Apr 2026
CPI-ATE 102.70 102.00 points Apr 2026
CPI-ATE YoY 3.20 3.00 percent Apr 2026
CPI Housing Utilities 102.90 102.90 points Apr 2026
CPI Transportation 103.10 103.50 points Apr 2026
Export Prices 266.10 269.00 points Dec 2025
GDP Deflator 98.60 99.90 points Dec 2025
Harmonised Consumer Prices 102.80 102.35 points Apr 2026
Import Prices 214.00 205.60 points Dec 2025
Inflation Rate YoY 3.40 3.60 percent Apr 2026
Inflation Rate MoM 0.40 0.20 percent Apr 2026
Producer Prices 142.70 143.40 points Apr 2026
PPI YoY 22.70 16.90 percent Apr 2026


Norway Inflation Rate
In Norway, the most important category in the Consumer Price Index is Housing & Utilities (24.62% of the total weight). Transport accounts for 14.97%, Food & Non-alcoholic Beverages for 12.86%, Recreation & Culture for 10.79%, and Miscellaneous Goods & Services for 8.72%. The index also includes: Furnishings, Household Equipment & Routine Maintenance (6.89%), Clothing & Footwear (5.09%), Alcoholic Beverages & Tobacco (4.2%), Health (3.39%), Communication (2.37%), and Education (0.49%).
Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.60 18.90 -1.80 1950 - 2026 percent Monthly
2015=100

News Stream
Norway Inflation Rate Slows to 3.4%
Norway’s annual inflation rate eased to 3.4% in April 2026 from 3.6% in March. Price growth mainly slowed for housing, water, electricity, gas and other fuels (3.6% vs 4.9% in March) and transport (2.4% vs 4.2%). Inflation also moderated for furnishings and household equipment (0.3% vs 2.4%) and restaurants and accommodation services (5.8% vs 6.3%). Meanwhile, price growth accelerated sharply for food and non-alcoholic beverages (6.6% vs 1.6%), alongside alcoholic beverages and tobacco (3.5% vs 3.2%), clothing and footwear (1.5% vs 1.4%), and recreation and culture (4.0% vs 3.9%). Inflation was unchanged for education services at 2.4%, while prices for personal care and miscellaneous goods remained in deflation (-1.3% vs -1.2%). On a monthly basis, the CPI rose 0.4%, accelerating from a 0.2% gain in the previous period. Meanwhile, the CPI-ATE, which excludes energy and tax effects, grew 3.2% year-on-year, the highest growth in three months, picking up from the 3.0% increase in March.
2026-05-11
Norway Inflation Accelerates to 3.6%
Norway’s annual inflation rate accelerated to 3.6% in March 2026 from 2.7% in February, in line with expectations. The main upward pressure came from stronger price growth for housing, electricity and fuels (4.9% vs 2.2% in February) and transport (4.2% vs 3.2%), amid surging energy costs. Inflation also picked up for restaurants and accommodation services (6.3% vs 5.1%), furnishings and household equipment (2.4% vs 0.6%), and information and communication (2.5% vs 0.0%). Meanwhile, price growth eased for food and non-alcoholic beverages (1.6% vs 3.3%) and clothing and footwear (1.4% vs 1.8%), while remaining steady for recreation and culture (3.9%), education (2.4%), and financial services (8.5%). On a monthly basis, the CPI rose 0.2%, as expected, following a 0.6% gain in February. Meanwhile, the CPI-ATE, which excludes energy and tax effects, rose 3% year-on-year, unchanged from February.
2026-04-10
Norway Inflation Rate Falls to 10-Month Low
The annual inflation rate in Norway sharply eased to 2.7% in February 2026, the lowest since late April, down from 3.6% in January. The main downward pressure came from slower price growth for food and non-alcoholic beverages (3.3% vs 4.2% in January), housing, water, electricity, gas and other fuels (2.2% vs 4.3%), and transport (3.2% vs 4.4%). Inflation also moderated for furnishings, household equipment and routine household maintenance (0.6% vs 1.7%), recreation, sport and culture (3.9% vs 4.3%), and restaurants and accommodation services (5.1% vs 5.8%). In contrast, inflation picked up for clothing and footwear (1.8% vs 0.7%), alcoholic beverages, tobacco and narcotics (3.0% vs 2.8%), and health (3.2% vs 2.7%). On a monthly basis, the CPI rose 0.6%, the same pace as in January, marking the largest increase since last July. Meanwhile, the CPI-ATE, which excludes energy and tax effects, rose 3% year-on-year, down from January’s 3.4% increase.
2026-03-10