Norway Inflation Rate

Last Release

Jul 31, 2025

Actual

3.3

Units In

Frequency

Monthly

Next Release

Oct 10, 2025

Time to Release

29 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
18.9 Jun 1951	-1.8 Jan 2004	4.51 %	1950-2025	Statistics Norway

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.

Latest Updates

Norway’s annual inflation rate rose to 3.5% in August 2025, the highest since February, up from 3.3% in July and in line with expectations. The main upward pressure came from housing and utilities (6.3% vs. 4.4% in July), alongside higher inflation for alcoholic beverages and tobacco (4.1% vs. 3.9%) and transport (2.7% vs. 2.4%). In contrast, price growth eased for food and non-alcoholic beverages (5.4% vs. 5.9%), health (3.4% vs. 4.1%), communications (4.1% vs. 5.0%), and recreation and culture (2.9% vs. 3.1%). Clothing and footwear posted a smaller decline (-2.5% vs. -3.1%), while furnishings and household equipment swung into deflation (-0.9% vs. 1.0%). On a monthly basis, the CPI fell 0.6%, the first decline since March, reversing a 0.8% gain in July, also in line with forecasts. The CPI-ATE (adjusted for tax changes and excluding energy products) rose 3.1% year-on-year, matching July’s pace and holding at its highest level since March.