Norway Inflation Rate  1950-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Norway rose 3.4 percent year-on-year in May 2016, following a 3.2 percent rise in the previous month and beating market expectations of 3.1 percent gain. It was the highest reading since March 2010, mainly boosted by an increase in prices of electricity (+17.6 percent), which posted the largest gain since October 2013. Additional upward pressure came from: Clothing and footwear (+4.6 percent); recreation and culture (+4.2 percent); transport (+3 percent); and food and non-alcoholic beverages (+2.3 percent). On a monthly basis, consumer prices rose 0.3 percent. Inflation Rate in Norway averaged 4.68 percent from 1950 until 2016, 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. Inflation Rate in Norway is reported by the Statistics Norway.

Norway Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.40 3.20 18.90 -1.80 1950 - 2016 percent Monthly
1998=100
In Norway, the most important category in the consumer price index is Housing and Utilities (23 percent of total weight). Transport accounts for 15.9 percent; Food and Non-Alcoholic Beverages for 13.1 percent; Recreation and Culture for 11.3 percent; Miscellaneous Goods and Services for 8.9 percent and Furniture, Household Goods and Maintenance for 6.7 percent. Restaurants and Hotels; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 21.1 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-11 08:00 AM Mar 3.3% 3.1% 3.2% 3.2%
2016-05-10 08:00 AM Apr 3.2% 3.3% 3.3% 3.4%
2016-06-10 08:00 AM May 3.4% 3.2% 3.1% 3.3%
2016-07-11 08:00 AM Jun 3.4% 3.44%
2016-08-10 08:00 AM Jul 3.41%
2016-09-09 08:00 AM Aug 3.41%

Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 3.40 3.20 18.90 -1.80 percent [+]
Harmonised Consumer Prices 103.50 103.10 103.50 69.20 Index Points [+]
Consumer Price Index CPI 144.30 143.80 144.30 7.10 Index Points [+]
Core Consumer Prices 135.10 134.60 135.10 108.00 Index Points [+]
Core Inflation Rate 3.20 3.30 3.40 0.00 percent [+]
GDP Deflator 95.49 97.31 101.57 19.09 Index Points [+]
Producer Prices 204.50 199.10 256.40 37.56 Index Points [+]
Producer Prices Change -11.90 -14.30 33.90 -18.60 percent [+]
Export Prices 131.00 131.00 131.40 57.64 Index Points [+]
Import Prices 129.40 129.80 129.80 71.76 Index Points [+]
Food Inflation 2.30 3.80 19.75 -7.07 percent [+]
Cpi Transportation 155.60 153.00 155.90 31.80 Index Points [+]
Inflation Rate Mom 0.30 0.30 5.45 -1.72 percent [+]




Last
Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.20 May/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -1.00 Apr/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area -0.10 May/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.00 May/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.10 May/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 7.70 Mar/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.70 May/16
India 5.76 May/16
Indonesia 3.33 May/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.30 May/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.30 Apr/16
Jordan -1.60 May/16
Kazakhstan 16.70 May/16
Kenya 5.00 May/16
Kosovo -0.10 May/16
Kuwait 2.85 Apr/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.17 May/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 3.50 May/16
Peru 3.54 May/16
Philippines 1.60 May/16
Poland -0.90 May/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.30 Apr/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia -0.40 May/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 May/16
South Sudan 295.00 May/16
Spain -1.00 May/16
Sri Lanka 4.80 May/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.46 May/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.40 May/16
Ukraine 7.50 May/16
United Arab Emirates 1.63 Apr/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.69 May/16