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

Consumer prices in Norway increased by 2.2 percent year-on-year in April 2017, easing from a 2.4 percent rise in the previous month and missing market expectations of a 2.5 percent gain. It was the lowest inflation rate since September 2015, as prices went up at a slower pace for: Housing and utilities (3.8 percent from 4.0 percent in March) and communications (0.9 percent from 1.9 percent). Additional upward pressure came from: Transport (3.6 percent from 0.5 percent in March); recreation and culture (3.1 percent from 2.4 percent); and miscellaneous goods and services (2.6 percent from 2.2 percent). In contrast, cost fell for food and non-alcoholic beverages (-2.1 percent from 3.0 percent in March); and furnishings and household equipment (-0.5 percent from 0.1 percent). Annual core inflation came in at 1.7 percent, unchanged from March. On a monthly basis, consumer prices rose 0.2 percent and core consumer prices went up 0.3 percent. 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)
2017-03-10 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 2.2% 2.4% 2.5% 2.5%
2017-06-09 06:00 AM May 2.2% 2.21%
2017-07-10 06:00 AM Jun 2.25%
2017-08-10 06:00 AM Jul 2.27%




Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 2.20 2.40 18.90 -1.80 percent [+]
Consumer Price Index CPI 105.20 105.00 105.20 5.09 Index Points [+]
Harmonised Consumer Prices 105.50 105.40 105.50 69.20 Index Points [+]
Core Consumer Prices 104.30 104.00 104.30 82.30 Index Points [+]
Core Inflation Rate 1.70 1.70 3.70 -0.10 percent [+]
GDP Deflator 100.39 98.27 101.05 19.03 Index Points [+]
Producer Prices 224.60 229.40 256.40 37.56 Index Points [+]
Producer Prices Change 12.80 16.10 33.90 -18.60 percent [+]
Export Prices 144.00 139.00 144.00 57.64 Index Points [+]
Import Prices 132.50 131.20 132.50 71.76 Index Points [+]
Food Inflation -2.10 3.00 19.90 -7.10 percent [+]
Cpi Housing Utilities 107.30 107.30 107.50 19.50 Index Points [+]
Cpi Transportation 104.90 103.80 105.10 21.00 Index Points [+]
Inflation Rate Mom 0.20 0.30 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 2.40 18.90 -1.80 1950 - 2017 percent Monthly
2015=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 4.08 Apr/17
Canada 1.60 Apr/17
China 1.20 Apr/17
Euro Area 1.90 Apr/17
France 1.20 Apr/17
Germany 2.00 Apr/17
India 2.99 Apr/17
Indonesia 4.17 Apr/17
Italy 1.90 Apr/17
Japan 0.20 Mar/17
Mexico 5.82 Apr/17
Netherlands 1.60 Apr/17
Russia 4.10 Apr/17
South Korea 1.90 Apr/17
Spain 2.60 Apr/17
Switzerland 0.40 Apr/17
Turkey 11.87 Apr/17
United Kingdom 2.70 Apr/17
United States 2.20 Apr/17