Cost of food in Norway decreased 2.00 percent in May of 2021 over the same month in the previous year. source: Statistics Norway

Food Inflation in Norway averaged 3.49 percent from 1980 until 2021, reaching an all time high of 19.90 percent in July of 1981 and a record low of -7.10 percent in June of 2002. This page provides - Norway Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Food Inflation - values, historical data and charts - was last updated on June of 2021.

Food Inflation in Norway is expected to be -0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Norway to stand at 0.30 in 12 months time. In the long-term, the Norway Food Inflation is projected to trend around 1.90 percent in 2022, according to our econometric models.

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Norway Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
-2.00 -2.10 19.90 -7.10 1980 - 2021 percent Monthly
2015=100

Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 2.70 3.00 18.90 -1.80 percent [+]
Consumer Price Index CPI 114.90 115.00 115.00 5.09 points [+]
Harmonised Consumer Prices 115.70 115.90 115.90 69.20 points [+]
Core Consumer Prices 113.30 113.70 113.70 82.30 points [+]
Core Inflation Rate 1.50 2.00 3.70 -0.10 percent [+]
GDP Deflator 103.42 97.16 103.42 17.91 points [+]
Producer Prices 121.80 118.50 124.10 16.71 points [+]
Producer Prices Change 29.40 22.50 33.90 -18.70 percent [+]
Export Prices 141.20 129.80 149.40 57.64 points [+]
Import Prices 157.60 154.30 157.60 71.76 points [+]
Food Inflation -2.00 -2.10 19.90 -7.10 percent [+]
Inflation Rate Mom -0.10 0.30 5.45 -1.72 percent [+]
CPI Housing Utilities 118.70 117.60 119.50 19.50 points [+]
CPI Transportation 115.40 115.90 118.10 21.00 points [+]