The CPI adjusted for tax changes and excluding energy products (CPI-ATE) in Norway increased by 2.7% year-on-year in October 2024, down from a 3.1% rise in September. This marked the lowest level since April 2022. source: Statistics Norway
Core Inflation Rate in Norway averaged 2.18 percent from 2003 until 2024, reaching an all time high of 7.00 percent in June of 2023 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 November of 2024.
Core Inflation Rate in Norway is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Core Inflation Rate is projected to trend around 3.00 percent in 2025 and 4.50 percent in 2026, according to our econometric models.