Norway: Inflation, monthly
* indicates monthly or quarterly data series
The most recent value is -1.1 percent as of August 2024, a decline compared to the previous value of 0.44 percent. Historically, the average for Norway from February 1996 to August 2024 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.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
| Recent values | Norway: Inflation, monthly percent change in the CPI |
|---|---|
| 2024 Aug | -1.1 |
| 2024 Jul | 0.44 |
| 2024 Jun | 0.3 |
| 2024 May | -0.22 |
| 2024 Apr | 0.89 |
| 2024 Mar | 0.15 |
| 2024 Feb | 0.22 |
| 2024 Jan | -0.15 |
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Definition: The percentage change in the CPI from one month to the next.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 5.5 | 2023 | percent |
| Exchange rate regimes | 7 | 2021 | index points |
| USD exchange rate | 10.6131 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 3,229.35 | 6/2024 | billion |
| Consumer Price Index (CPI) | 134.8000 | 8/2024 | index points |
| Inflation, monthly | -1.10 | 8/2024 | percent |
| Inflation, annual | 2.28 | 8/2024 | percent |
| Private sector credit | 5,560.45 | 6/2024 | billion |
| Business credit | 1,733.89 | 6/2024 | billion |
| Household credit | 3,826.55 | 6/2024 | billion |
| Mortgage credit | 2,890.43 | 6/2024 | billion |
| Consumer credit | 936.12 | 6/2024 | billion |
| Deposit interest rate | 4.84 | 6/2024 | percent |
| Business credit interest rate | 6.88 | 6/2024 | percent |
| Mortgage credit interest rate | 5.72 | 6/2024 | percent |
| Policy rate | 4.50 | 8/2024 | percent |
| Household debt to GDP | 87.50 | 3/2024 | percent |
| Debt service ratios for private non-financial sector | 35.30 | Q1/2024 | percent |