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Norway Inflation Rate

Norway Inflation Rate stands at 2.92% as of July 2026, down from 3.27% a year earlier. The reading sits in the 45th percentile of its history back to 1956.

16.10%6.71%-2.69% 1956 1991 2026
Norway Inflation Rate, 1956–2026. Updated 2026-08-30.
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Latest (July 2026)2.92%
One year ago3.27%
10-year range0.72% – 7.51%
All-time range-1.83% (2004) – 15.24% (1981)
Change over 12 months−0.4 pts — peaked at 3.62% in 2026
Percentile vs. full history45th
History1956–2026 (847 observations)

What it is & how to read it

The chart shows the year-over-year change in Norway's consumer price index — the broadest measure of how fast prices are rising for households. Inflation running above a central bank's comfort zone (typically around 2% in developed markets, higher in emerging ones) pressures policymakers to keep rates tight; falling inflation opens the door to easing. For investors, the direction of inflation often matters more than the level: accelerating inflation compresses valuations and forces tightening, while disinflation has historically been a tailwind for both bonds and equities. Data: consumer price index via the IMF, compiled from Norway's national statistics office.

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Data: download CSV (source: IMF Consumer Price Index statistics).

Source: IMF Consumer Price Index statistics. Updated daily. Part of Cambria Chart Lab — free macro & market charts. For research and education only; not investment advice.