Norway: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is 1.13 percent as of July 2026, an increase compared to the previous value of -0.22 percent. Historically, the average for Norway from February 2000 to July 2026 is 0.2 percent. The minimum of -1.65 percent was recorded in January 2022, while the maximum of 1.79 percent was reached in September 2022.
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* indicates monthly or quarterly data series
- Measure: percent
- Definition: The percentage change in the CPI from one month to the next.
- Source: Eurostat
| Recent values | Norway: Inflation, monthly percent change in the CPI |
|---|---|
| 2026  Jul | 1.13 |
| 2026  Jun | -0.22 |
| 2026  May | 0.18 |
| 2026  Apr | 0.43 |
| 2026  Mar | 0.2 |
| 2026  Feb | 0.69 |
| 2026  Jan | 0.48 |
| 2025  Dec | 0.16 |
Download data from our database Other resources: All indicators for Norway All indicators on the website Article: Are trade deficits bad for the economy? Article: Sources of economic growth Article: Currency values and investment returns All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.1 | 2025 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 9.4276 | 8/2026 | Local Currency Units per USD |
| Money supply (broad money) | 3,642.36 | 6/2026 | billion |
| Consumer Price Index (CPI) | 103.9100 | 7/2026 | index points |
| Inflation, monthly | 1.13 | 7/2026 | percent |
| Inflation, annual | 2.93 | 7/2026 | percent |
| Food and beverages inflation | 1.15 | 7/2026 | percent |
| Alcohol and tobacco inflation | 2.59 | 7/2026 | percent |
| Energy price inflation | 5.36 | 7/2026 | percent |
| Transport services inflation | 2.39 | 8/2026 | percent |
| Services inflation | 3.30 | 4/2026 | percent |
| Information and communication inflation | 3.24 | 8/2026 | percent |
| Restaurant and accommodation services inflation | 5.54 | 8/2026 | percent |
| Health care inflation | 4.39 | 8/2026 | percent |
| Education services inflation | 2.42 | 8/2026 | percent |
| Clothing and footwear inflation | 2.16 | 8/2026 | percent |
| Housing inflation | 3.70 | 7/2026 | percent |
| Private sector credit | 5,986.60 | 5/2026 | billion |
| Business credit | 1,818.12 | 5/2026 | billion |
| Household credit | 4,168.49 | 5/2026 | billion |
| Mortgage credit | 3,138.79 | 5/2026 | billion |
| Consumer credit | 1,029.70 | 5/2026 | billion |
| Deposit interest rate | 4.46 | 5/2026 | percent |
| Business credit interest rate | 6.39 | 5/2026 | percent |
| Mortgage credit interest rate | 5.08 | 5/2026 | percent |
| Policy rate | 4.25 | 8/2026 | percent |
| Household debt to GDP | 87.30 | 12/2025 | percent |
| Debt service ratios for private non-financial sector | 28.10 | Q4/2025 | percent |