Consumer Price Index CPI in Norway increased to 114.10 points in January of 2021 from 112.90 points in December of 2020. source: Statistics Norway

Consumer Price Index CPI in Norway averaged 47.20 points from 1950 until 2020, reaching an all time high of 111.70 points in April of 2020 and a record low of 5.09 points in February of 1950. This page provides - Norway Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Consumer Price Index (CPI) - values, historical data and charts - was last updated on February of 2021.

Consumer Price Index CPI in Norway is expected to be 112.98 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Price Index CPI in Norway to stand at 116.06 in 12 months time. In the long-term, the Norway Consumer Price Index (CPI) is projected to trend around 118.38 points in 2022 and 120.75 points in 2023, according to our econometric models.

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Norway Consumer Price Index (CPI)

Actual Previous Highest Lowest Dates Unit Frequency
114.10 112.90 114.10 5.09 1950 - 2021 points Monthly
2015=100, NSA

Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 2.50 1.40 18.90 -1.80 percent [+]
Consumer Price Index CPI 114.10 112.90 114.10 5.09 points [+]
Harmonised Consumer Prices 114.90 113.60 114.90 69.20 points [+]
Core Consumer Prices 112.50 112.40 113.10 82.30 points [+]
Core Inflation Rate 2.70 3.00 3.70 -0.10 percent [+]
GDP Deflator 97.17 95.00 101.59 17.91 points [+]
Producer Prices 112.50 106.80 124.10 16.71 points [+]
Producer Prices Change 0.60 -5.70 33.90 -18.70 percent [+]
Export Prices 129.80 133.10 149.40 57.64 points [+]
Import Prices 154.30 154.10 156.60 71.76 points [+]
Food Inflation 0.70 2.80 19.90 -7.10 percent [+]
Inflation Rate Mom 1.10 0.40 5.45 -1.72 percent [+]
CPI Housing Utilities 118.50 113.00 118.50 19.50 points [+]
CPI Transportation 113.90 113.10 118.10 21.00 points [+]


Norway Consumer Price Index (CPI)
In Norway, the most important category in the consumer price index is Housing and Utilities (23 percent of total weight). Transport accounts for 16 percent; Food and Non-Alcoholic Beverages for 13 percent; Recreation and Culture for 12 percent; Miscellaneous Goods and Services for 9 percent and Furniture, Household Goods and Maintenance for 7 percent. Restaurants and Hotels; Clothing and Footwear; Alcoholic beverages and Tobacco; Health; Communication and Education account for the remaining 21 percent of total weight.