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

Consumer prices in Norway rose 4.4 percent year-on-year in July of 2016, following a 3.7 percent increase in May and above market expectations of 3.8 percent. It is the highest reading since October of 2008 as cost of housing and utilities went up 6.3 percent, boosted by a 38.7 percent rise in electricity prices. Additional upward pressure came from: food (+3.5 percent); recreation and culture (+4.7 percent); clothing and footwear (+7.1 percent) and transport (+3.3 percent). On a monthly basis, consumer prices grew 0.6 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
4.40 3.70 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-10 08:00 AM May 3.4% 3.2% 3.1% 3.3%
2016-07-11 08:00 AM Jun 3.7% 3.4% 3.1% 3.5%
2016-08-10 08:00 AM Jul 4.4% 3.7% 3.8% 3.6%
2016-09-09 08:00 AM Aug 4.4% 3.4%
2016-10-10 06:00 AM Sep 3.2%
2016-11-10 07:00 AM Oct 2.8%

Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 4.40 3.70 18.90 -1.80 percent [+]
Harmonised Consumer Prices 104.90 104.20 104.90 69.20 Index Points [+]
Consumer Price Index CPI 146.10 145.20 146.10 7.10 Index Points [+]
Core Consumer Prices 136.50 135.50 136.50 108.00 Index Points [+]
Core Inflation Rate 3.70 3.00 3.70 0.00 percent [+]
GDP Deflator 95.49 97.31 101.57 19.09 Index Points [+]
Producer Prices 211.20 210.30 256.40 37.56 Index Points [+]
Producer Prices Change -7.20 -9.70 33.90 -18.60 percent [+]
Export Prices 131.40 131.00 131.40 57.64 Index Points [+]
Import Prices 128.50 129.40 129.80 71.76 Index Points [+]
Food Inflation 3.50 2.30 19.75 -7.07 percent [+]
Cpi Transportation 158.70 157.00 158.70 31.80 Index Points [+]
Inflation Rate Mom 0.60 0.60 5.45 -1.72 percent [+]




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Afghanistan 7.37 Jul/16
Albania 1.90 Jul/16
Algeria 8.20 Jun/16
Angola 35.30 Jul/16
Argentina 40.50 Apr/16
Armenia -1.30 Jul/16
Aruba -1.10 Jul/16
Australia 1.00 Jun/16
Austria 0.60 Jul/16
Azerbaijan 10.50 Jun/16
Bahamas 2.00 Dec/15
Bahrain 3.50 Jul/16
Bangladesh 5.40 Jul/16
Barbados -1.30 Mar/16
Belarus 12.20 Jul/16
Belgium 2.28 Jul/16
Belize 0.90 Jun/16
Benin -0.80 Jun/16
Bhutan 3.31 Jun/16
Bolivia 3.56 Jul/16
Bosnia and Herzegovina -1.00 Jul/16
Botswana 2.70 Jul/16
Brazil 8.74 Jul/16
Brunei -0.50 Jul/16
Bulgaria -0.20 Jul/16
Burkina Faso -0.80 Jun/16
Burundi 3.90 Jun/16
Cambodia 3.09 May/16
Cameroon 0.64 Jun/16
Canada 1.30 Jul/16
Cape Verde -2.30 Jul/16
Cayman Islands -2.80 Mar/16
Central African Republic 38.04 Feb/16
Chad 0.80 Jun/16
Chile 4.00 Jul/16
China 1.80 Jul/16
Colombia 8.97 Jul/16
Comoros 1.40 Dec/14
Congo 5.52 Jul/16
Costa Rica 0.48 Jul/16
Croatia -1.50 Jul/16
Cuba 4.40 Dec/15
Cyprus -0.20 Jul/16
Czech Republic 0.50 Jul/16
Denmark 0.30 Jul/16
Djibouti 2.60 Mar/15
Dominican Republic 1.85 Jul/16
East Timor -1.70 May/16
Ecuador 1.58 Jul/16
Egypt 14.00 Jul/16
El Salvador 0.88 Jul/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.10 Jul/16
Ethiopia 6.00 Jul/16
Euro Area 0.20 Jul/16
European Union 0.20 Jul/16
Fiji 5.50 Jul/16
Finland 0.50 Jul/16
France 0.20 Jul/16
Gabon 2.09 Feb/16
Gambia 6.67 Dec/15
Georgia 1.50 Jul/16
Germany 0.40 Jul/16
Ghana 16.70 Jul/16
Greece -1.00 Jul/16
Guatemala 4.62 Jul/16
Guinea 8.20 May/16
Guinea Bissau 3.00 Jun/16
Guyana 0.40 Jun/16
Haiti 13.90 Jun/16
Honduras 2.40 Jul/16
Hong Kong 2.30 Jul/16
Hungary -0.30 Jul/16
Iceland 1.10 Jul/16
India 6.07 Jul/16
Indonesia 3.21 Jul/16
Iran 8.10 Jul/16
Iraq -0.40 Jul/16
Ireland 0.50 Jul/16
Israel -0.60 Jul/16
Italy -0.10 Jul/16
Ivory Coast 0.40 Jul/16
Jamaica 2.20 Jul/16
Japan -0.40 Jun/16
Jordan -0.40 Jul/16
Kazakhstan 17.70 Jul/16
Kenya 6.40 Jul/16
Kosovo 0.00 Jul/16
Kuwait 3.10 Jul/16
Kyrgyzstan 1.20 Jul/16
Laos 1.97 Jul/16
Latvia 0.10 Jul/16
Lebanon -0.48 Jul/16
Lesotho 7.50 Jun/16
Liberia 8.44 Jun/16
Libya 27.40 Jun/16
Liechtenstein -0.20 Jul/16
Lithuania 0.50 Jul/16
Luxembourg -0.03 Jul/16
Macau 2.08 Jul/16
Macedonia -0.30 Jul/16
Madagascar 6.40 Jun/16
Malawi 23.50 Jul/16
Malaysia 1.10 Jul/16
Maldives -0.20 Jun/16
Mali -3.70 Jul/16
Malta 0.90 Jul/16
Mauritania 0.90 Apr/16
Mauritius 1.00 Jul/16
Mexico 2.65 Jul/16
Moldova 7.00 Jul/16
Mongolia 0.90 Jul/16
Montenegro -0.60 Jul/16
Morocco 1.60 Jul/16
Mozambique 20.68 Jul/16
Myanmar 11.41 Dec/15
Namibia 7.00 Jul/16
Nepal 11.10 Jun/16
Netherlands -0.30 Jul/16
New Caledonia 0.80 Jul/16
New Zealand 0.40 Jun/16
Nicaragua 4.10 Jul/16
Niger 0.10 Jul/16
Nigeria 16.50 Jun/16
North Korea 55.00 Jul/13
Norway 4.40 Jul/16
Oman 1.30 Jul/16
Pakistan 4.12 Jul/16
Palestine 0.34 Jul/16
Panama 0.10 Jul/16
Papua New Guinea 6.50 Mar/16
Paraguay 2.90 Jul/16
Peru 2.96 Jul/16
Philippines 1.90 Jul/16
Poland -0.90 Jul/16
Portugal 0.60 Jul/16
Puerto Rico 0.20 Jun/16
Qatar 2.80 Jul/16
Republic of the Congo 3.70 Apr/15
Romania -0.80 Jul/16
Russia 7.20 Jul/16
Rwanda 7.80 Jul/16
Sao Tome and Principe 5.50 Jul/16
Saudi Arabia 3.80 Jul/16
Senegal 1.40 Jun/16
Serbia 1.20 Jul/16
Seychelles -0.70 Jul/16
Sierra Leone 8.77 Mar/16
Singapore -0.70 Jul/16
Slovakia -0.90 Jul/16
Slovenia 0.20 Jul/16
Somalia -4.00 Dec/14
South Africa 6.00 Jul/16
South Korea 0.70 Jul/16
South Sudan 661.30 Jul/16
Spain -0.60 Jul/16
Sri Lanka 5.50 Jul/16
Sudan 16.50 Jul/16
Suriname 63.80 Jun/16
Swaziland 7.50 Jun/16
Sweden 1.10 Jul/16
Switzerland -0.20 Jul/16
Syria 48.09 Dec/15
Taiwan 1.23 Jul/16
Tajikistan 6.00 Jul/16
Tanzania 5.10 Jul/16
Thailand 0.10 Jul/16
Togo 2.10 Jul/16
Trinidad and Tobago 3.40 Jun/16
Tunisia 3.70 Jul/16
Turkey 8.79 Jul/16
Turkmenistan 7.00 Dec/15
Uganda 5.10 Jul/16
Ukraine 7.90 Jul/16
United Arab Emirates 1.76 Jun/16
United Kingdom 0.60 Jul/16
United States 0.80 Jul/16
Uruguay 10.05 Jul/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.57 Aug/16
Yemen 9.49 Nov/14
Zambia 19.60 Aug/16
Zimbabwe -1.60 Jul/16