Inflation Rate in Norway increased to 3.50 percent in August from 3.30 percent in July of 2025. This dataset provides - Norway Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the average inflation rate in Norway was approximately 3.15 percent. Between 1980 and 2024, the figure dropped by around 7.76 percentage points, though the decline followed an uneven course rather than a steady trajectory. The inflation is forecast to decline by about 1.15 percentage points from 2024 to 2030, fluctuating as it trends downward.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Core consumer prices in Norway increased 3.10 percent in August of 2025 over the same month in the previous year. This dataset provides - Norway Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Norway was high during the fall of 2021, when electricity prices in the country were extremely high, and through much of 2022 and the first half of 2023 as the Russian war in Ukraine caused rising inflation. However, the inflation rate in Norway has fallen somewhat since, reaching *** percent in February 2025.

View monthly updates and historical trends for Norway Inflation Rate. Source: Eurostat. Track economic data with YCharts analytics.

The Consumer Price Index in Norway decreased 0.60 percent in August of 2025 over the previous month. This dataset provides - Norway Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In Norway, electricity prices reached high inflation levels during the fall of 2021, when the water level in the country's water magazines was low. Moreover, an increase in several commodity prices in 2022 and 2023 following the Russian war in Ukraine caused continuing inflation. Food and non-alcohlic beverages was the commodity with the highest inflation rate as of July 2025. The total inflation rate in the country in February 2025 was *** percent.

Graph and download economic data for Inflation, consumer prices for Norway (FPCPITOTLZGNOR) from 1960 to 2024 about Norway, consumer, CPI, inflation, price index, indexes, and price.

Harmonised Inflation Rate YoY in Norway increased to 3.50 percent in August from 3.10 percent in July of 2025. This dataset includes a chart with historical data for Norway Harmonised Inflation Rate YoY.

The inflation rates of energy commodity prices in Norway have fluctuated considerably since the beginning of 2021. Electricity price inflation peaked at 144.4 percent in November 2021, before dropping again in early 2022. In August of that year, electricity price inflation stood at 22.6 percent. In November 2024, electricity and energy price inflation was negative.

Historical dataset showing Norway inflation rate by year from 1960 to 2024.

This statistic shows the monthly inflation rate for HICP (all items) compared to the same period in the previous year in Norway from January to December 2018. In December 2018, the inflation rate was 3.9 percent compared to the same month in the previous year.

View monthly updates and historical trends for Norway Core Inflation Rate. Source: Eurostat. Track economic data with YCharts analytics.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Norway was 3.49 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 3.08 percent. Compared to a year ago, we see an increase from the...

Core Inflation Rate MoM in Norway decreased to -0.70 percent in August from 0.80 percent in July of 2025. This dataset includes a chart with historical data for Norway Core Inflation Rate MoM.

View monthly updates and historical trends for Norway Inflation Rate: Food. Source: Eurostat. Track economic data with YCharts analytics.

Inflation rate of Norway declined by 0.07% from 3.0 % in 2025M5 to 3.0 % in 2025M6. Since the 51.38% jump in 2025M2, inflation rate plummeted by 15.28% in 2025M6.

Inflation rates were high in several countries around the world in 2022, so also in the Nordic countries, where inflation rates were estimated to be between *** percent (Norway) and *** percent (Denmark). While inflation rates decreased somewhat in Denmark, Norway, Sweden, and Finland in 2023 and 2024, they were estimated to remain high in Iceland.

Cost of food in Norway increased 5.40 percent in August of 2025 over the same month in the previous year. This dataset provides - Norway Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation rate (GDP deflator) of Norway plummeted by 98.15% from -11.1 % in 2023 to -0.2 % in 2024. Since the 40.58% surge in 2022, inflation rate (GDP deflator) sank by 100.72% in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.