The core consumer prices in Norway rose by 5.8 percent in December 2022, from 5.7 percent in the previous month and compared to market estimates of 5.7 percent. source: Statistics Norway

Core Inflation Rate in Norway averaged 1.89 percent from 2003 until 2022, reaching an all time high of 5.90 percent in October of 2022 and a record low of -0.10 percent in February of 2004. This page provides - Norway Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2023.

Core Inflation Rate in Norway is expected to be 5.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Norway Core Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-09 07:00 AM Nov 5.7% 5.9% 6% 5.9%
2023-01-10 07:00 AM Dec 5.8% 5.7% 5.7% 5.5%
2023-02-10 07:00 AM Jan 5.8%


Related Last Previous Unit Reference
Inflation Rate 5.90 6.50 percent Dec 2022
Harmonised Consumer Prices 128.10 128.20 points Dec 2022
Consumer Price Index CPI 125.90 125.80 points Dec 2022
Core Consumer Prices 121.00 120.50 points Dec 2022
Core Inflation Rate 5.80 5.70 percent Dec 2022
GDP Deflator 167.14 150.92 points Sep 2022
Producer Prices 213.90 203.90 points Dec 2022
Producer Prices Change 18.70 22.30 percent Dec 2022
Export Prices 189.20 200.40 points Dec 2022
Import Prices 204.40 198.90 points Dec 2022
Food Inflation 11.45 12.69 percent Dec 2022
Inflation Rate MoM 0.10 -0.20 percent Dec 2022
CPI Transportation 128.30 129.30 points Dec 2022
CPI Housing Utilities 134.20 135.00 points Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
5.80 5.70 5.90 -0.10 2003 - 2022 percent Monthly