Norway's annual core inflation rate, which is adjusted for tax changes and excludes energy products, was unchanged at 2.1 percent in January 2019, below market consensus of 2.3 percent. Core Inflation Rate in Norway averaged 1.68 percent from 2003 until 2019, reaching an all time high of 3.70 percent in July of 2016 and a record low of -0.10 percent in February of 2004.

Core Inflation Rate in Norway is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Norway to stand at 1.70 in 12 months time. In the long-term, the Norway Core Inflation Rate is projected to trend around 1.90 percent in 2020, according to our econometric models.

Norway Core Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-09 07:00 AM Core Inflation Rate YoY 1.6% 1.9% 1.8% 1.9%
2018-12-10 07:00 AM Core Inflation Rate YoY 2.2% 1.6% 1.8% 2.1%
2019-01-10 07:00 AM Core Inflation Rate YoY 2.1% 2.2% 2% 1.9%
2019-02-11 07:00 AM Core Inflation Rate YoY 2.1% 2.1% 2.3% 2%
2019-03-11 07:00 AM Core Inflation Rate YoY 2.1%
2019-04-10 06:00 AM Core Inflation Rate YoY 1.6%
2019-05-10 06:00 AM Core Inflation Rate YoY


Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 3.10 3.50 18.90 -1.80 percent [+]
Harmonised Consumer Prices 110.00 110.70 110.70 69.20 Index Points [+]
Consumer Price Index CPI 109.30 109.80 109.80 5.09 Index Points [+]
Core Consumer Prices 106.40 107.20 107.20 82.30 Index Points [+]
Core Inflation Rate 2.10 2.10 3.70 -0.10 percent [+]
GDP Deflator 110.44 111.24 111.24 19.86 Index Points [+]
Producer Prices 116.30 115.90 124.10 16.71 Index Points [+]
Producer Prices Change 4.90 7.70 33.90 -18.70 percent [+]
Export Prices 154.70 155.10 155.10 57.64 Index Points [+]
Import Prices 146.80 143.30 146.80 71.76 Index Points [+]
Food Inflation 1.20 3.40 19.90 -7.10 percent [+]
Inflation Rate Mom -0.50 0.00 5.45 -1.72 percent [+]
CPI Housing Utilities 116.60 115.60 116.60 19.50 Index Points [+]
CPI Transportation 109.50 109.40 111.40 21.00 Index Points [+]


Norway Core Inflation Rate

In Norway, the core inflation, which is adjusted for taxes and energy prices, is the measure used by the central bank in setting interest rates. It targets inflation at around 2 percent over the long term. This page provides - Norway Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Core Inflation Rate - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.10 3.70 -0.10 2003 - 2019 percent Monthly




Country Last Previous
Argentina 49.90 Jan/19
Turkey 19.02 Jan/19
South Africa 4.40 Dec/18
Russia 4.10 Jan/19
Brazil 3.67 Jan/19
Mexico 3.60 Jan/19
Indonesia 3.06 Jan/19
Germany 2.66 Dec/18
United States 2.20 Jan/19
China 1.90 Jan/19
Singapore 1.90 Dec/18
United Kingdom 1.90 Jan/19
Australia 1.80 Dec/18
Canada 1.70 Dec/18
Netherlands 1.50 Jan/19
Euro Area 1.10 Jan/19
South Korea 1.00 Jan/19
Spain 0.90 Dec/18
France 0.70 Dec/18
Japan 0.70 Dec/18
Italy 0.50 Jan/19
Switzerland 0.50 Jan/19


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