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

Consumer prices in Norway rose 2.5 percent year-on-year in February of 2017, following a 2.8 percent rise in January while markets expected 2.8 percent. Prices went up at a slower pace for: food and non-alcoholic beverages (0.1 percent vs 2.0 percent in the prior month), alcoholic beverages and tobacco (1.7 percent vs 2.0 percent), health (2.8 percent vs 3.3 percent), transport (2.7 percent vs 4.1 percent) and communications (2.2 percent vs 2.7 percent). Cost rose more for: housing & utilities (4.6 percent vs 3.0 percent); furnishing, household equipment (1.7 percent vs 1.3 percent) and recreation (4.2 percent vs 3.9 percent). In contrast, cost fell for clothing (-1.2 percent vs -1.2 percent). Core inflation slowed to 1.6 percent from 2.1 percent in January and below consensus of 2.0 percent. Compared to the prior month, core consumer prices rose 0.5 percent, after declining 0.5 percent in a month earlier. 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)
2017-01-10 07:00 AM Dec 3.5% 3.5% 3.8% 3.7%
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 2.5% 2.48%
2017-05-10 06:00 AM Apr 2.47%
2017-06-09 06:00 AM May 2.52%




Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 2.80 18.90 -1.80 percent [+]
Harmonised Consumer Prices 105.00 104.50 105.50 69.20 Index Points [+]
Consumer Price Index CPI 104.70 104.30 146.70 7.10 Index Points [+]
Core Consumer Prices 103.60 103.10 136.50 103.10 Index Points [+]
Core Inflation Rate 1.60 2.10 3.70 0.00 percent [+]
GDP Deflator 98.02 96.21 100.97 19.03 Index Points [+]
Producer Prices 231.80 225.70 256.40 37.56 Index Points [+]
Producer Prices Change 18.80 12.60 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 0.10 2.00 19.75 -7.07 percent [+]
Cpi Transportation 103.50 104.20 158.70 31.80 Index Points [+]
Inflation Rate Mom 0.40 -0.10 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 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.80 18.90 -1.80 1950 - 2017 percent Monthly
1998=100



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Austria 2.20 Feb/17
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Croatia 1.40 Feb/17
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Cyprus 1.70 Feb/17
Czech Republic 2.50 Feb/17
Denmark 1.00 Feb/17
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Dominican Republic 3.34 Feb/17
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Egypt 30.20 Feb/17
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Eritrea 12.50 Dec/15
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Euro Area 2.00 Feb/17
European Union 1.90 Feb/17
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Finland 1.20 Feb/17
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Gabon 2.09 Feb/16
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Germany 2.20 Feb/17
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Greece 1.30 Feb/17
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Guinea Bissau 1.60 Dec/16
Guyana 1.40 Dec/16
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Hungary 2.90 Feb/17
Iceland 1.90 Feb/17
India 3.65 Feb/17
Indonesia 3.83 Feb/17
Iran 9.60 Jan/17
Iraq -0.70 Dec/16
Ireland 0.50 Feb/17
Israel 0.40 Feb/17
Italy 1.60 Feb/17
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Japan 0.40 Jan/17
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Kenya 9.04 Feb/17
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Kuwait 3.29 Jan/17
Kyrgyzstan 1.30 Feb/17
Laos 2.27 Jan/17
Latvia 3.30 Feb/17
Lebanon 4.93 Feb/17
Lesotho 5.30 Dec/16
Liberia 8.50 Sep/16
Libya 29.40 Sep/16
Liechtenstein 0.60 Feb/17
Lithuania 3.00 Feb/17
Luxembourg 1.80 Feb/17
Macau 0.37 Feb/17
Macedonia 0.20 Feb/17
Madagascar 7.00 Dec/16
Malawi 16.10 Feb/17
Malaysia 3.20 Jan/17
Maldives 2.00 Jan/17
Mali -0.80 Dec/16
Malta 1.20 Feb/17
Mauritania 2.80 Dec/16
Mauritius 1.30 Feb/17
Mexico 4.86 Feb/17
Moldova 4.70 Feb/17
Mongolia 2.10 Feb/17
Montenegro 2.50 Feb/17
Morocco 1.60 Feb/17
Mozambique 20.88 Feb/17
Myanmar 11.19 Jun/16
Namibia 7.80 Feb/17
Nepal 3.20 Jan/17
Netherlands 1.80 Feb/17
New Caledonia 0.90 Jan/17
New Zealand 1.30 Dec/16
Nicaragua 3.69 Feb/17
Niger -2.20 Dec/16
Nigeria 17.78 Feb/17
North Korea 55.00 Jul/13
Norway 2.50 Feb/17
Oman 2.38 Feb/17
Pakistan 4.22 Feb/17
Palestine 0.62 Feb/17
Panama 1.90 Feb/17
Papua New Guinea 6.80 Sep/16
Paraguay 2.30 Feb/17
Peru 3.25 Feb/17
Philippines 3.30 Feb/17
Poland 2.20 Feb/17
Portugal 1.60 Feb/17
Puerto Rico 0.70 Jan/17
Qatar 0.70 Feb/17
Republic of the Congo 3.70 Apr/15
Romania 0.20 Feb/17
Russia 4.60 Feb/17
Rwanda 13.40 Feb/17
Sao Tome and Principe 4.90 Feb/17
Saudi Arabia -0.10 Feb/17
Senegal 2.00 Feb/17
Serbia 3.20 Feb/17
Seychelles -0.60 Feb/17
Sierra Leone 15.26 Nov/16
Singapore 0.70 Feb/17
Slovakia 1.20 Feb/17
Slovenia 2.20 Feb/17
Somalia -4.00 Dec/14
South Africa 6.30 Feb/17
South Korea 1.90 Feb/17
South Sudan 479.70 Dec/16
Spain 3.00 Feb/17
Sri Lanka 6.80 Feb/17
Sudan 32.86 Jan/17
Suriname 52.40 Dec/16
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Switzerland 0.60 Feb/17
Syria 51.10 Aug/16
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Thailand 1.44 Feb/17
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Tunisia 4.60 Feb/17
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Ukraine 14.20 Feb/17
United Arab Emirates 2.30 Jan/17
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Venezuela 800.00 Dec/16
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Zimbabwe 0.06 Feb/17