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.

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.

View monthly updates and historical trends for Norway Inflation Rate: Energy. 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.

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...

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.

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

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

In the third quarter of 2024, half of Norwegian companies had problems with increasing purchase prices as a result of rising inflation seen around the world. Moreover, more than 40 percent faced problems due to an unstable economic framework. On the other hand, only 10 percent had issues with lack of credits or financing. As a consequence of the COVID-19 pandemic, as well as the Russian War in Ukraine that started in February 2022, inflation has been surging worldwide. For more information about inflation in the Nordic countries, please visit our dedicated topic page.

Inflation, monthly percent change in the CPI in Norway, August, 2025 The most recent value is -0.71 percent as of August 2025, a decline compared to the previous value of 0.86 percent. Historically, the average for Norway from February 1996 to August 2025 is 0.2 percent. The minimum of -1.66 percent was recorded in January 2022, while the maximum of 1.83 percent was reached in September 2022. | TheGlobalEconomy.com

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.

Norway Core Inflation Index data was reported at 1.159 Index, 2022 in Dec 2026. This records an increase from the previous number of 1.153 Index, 2022 for Sep 2026. Norway Core Inflation Index data is updated quarterly, averaging 0.692 Index, 2022 from Mar 1979 (Median) to Dec 2026, with 192 observations. The data reached an all-time high of 1.159 Index, 2022 in Dec 2026 and a record low of 0.219 Index, 2022 in Mar 1979. Norway Core Inflation Index data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Norway – Table NO.OECD.EO: Consumer and Wholesale Price Index: Forecast: OECD Member: Quarterly.

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.

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

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Norway (CPGRLE01NOA657N) from 1979 to 2023 about Norway, core, all items, CPI, inflation, price index, indexes, and price.

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.