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. Click on the following link to see the values of: Inflation, monthly around the world.
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* indicates monthly or quarterly data series

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  • 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


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Other resources:

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Article: Are trade deficits bad for the economy?

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Article: Currency values and investment returns

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 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
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