Norway Inflation Rate  1950-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Norway rose 2.4 percent year-on-year in March of 2017, following a 2.5 percent rise in February while market expected a 2.6 percent gain. It was the lowest inflation rate since December 2015, as prices went up at slower paces for: housing & utilities (4.0 percent from 4.6 percent in the prior month), furnishing, household equipment (0.1 percent from 1.7 percent), transport (0.5 percent from 2.7 percent), communications (1.9 percent from 2.2 percent) and recreation (2.4 percent from 4.2 percent). Prices rose more than in a month earlier for food and non-alcoholic beverages (3.0 percent from 0.1 percent) and clothing (2.1 percent from -1.2 percent). Core consumer prices rose 1.7 percent year-on-year, following a 1.6 percent rise in February and in line with consensus. Compared to the prior month, core consumer prices rose 0.4 percent, compared to a 0.5 percent in gain in February. Inflation Rate in Norway averaged 4.66 percent from 1950 until 2017, 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 Reference Actual Previous Consensus Forecast (i)
2017-02-10 07:00 AM Jan 2.8% 3.5% 3.0% 3.4%
2017-03-10 07:00 AM Feb 2.5% 2.8% 2.8% 3%
2017-04-10 06:00 AM Mar 2.4% 2.5% 2.6% 2.4%
2017-05-10 06:00 AM Apr 2.4% 2.38%
2017-06-09 06:00 AM May 2.43%
2017-07-10 06:00 AM Jun 2.47%




Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 2.40 2.50 18.90 -1.80 percent [+]
Harmonised Consumer Prices 105.40 105.00 105.50 69.20 Index Points [+]
Consumer Price Index CPI 105.00 104.70 105.00 5.09 Index Points [+]
Core Consumer Prices 104.00 103.60 104.10 82.30 Index Points [+]
Core Inflation Rate 1.70 1.60 3.70 -0.10 percent [+]
GDP Deflator 98.02 96.21 100.97 19.03 Index Points [+]
Producer Prices 229.40 231.80 256.40 37.56 Index Points [+]
Producer Prices Change 16.10 18.80 33.90 -18.60 percent [+]
Export Prices 139.00 133.90 139.00 57.64 Index Points [+]
Import Prices 131.20 127.80 131.20 71.76 Index Points [+]
Food Inflation 3.00 0.10 19.90 -7.10 percent [+]
Cpi Transportation 103.80 103.50 105.10 21.00 Index Points [+]
Inflation Rate Mom 0.30 0.40 5.45 -1.72 percent [+]


Norway Inflation Rate Notes

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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.50 18.90 -1.80 1950 - 2017 percent Monthly
2015=100



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Russia 4.30 Mar/17
Rwanda 13.00 Mar/17
Sao Tome and Principe 4.90 Feb/17
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Senegal 2.40 Mar/17
Serbia 3.60 Mar/17
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Sierra Leone 18.70 Jan/17
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