Norway Inflation Rate
2.9%▲ +0.18 pt
Jul 2026 · Monthly
Norway's annual inflation rate rose to 2.92% in July 2026 from 2.74% in June 2026. The latest reading is below the 3.62% peak reached in March 2026 and far below the all-time high of 15.24% recorded in January 1981. The series extends back to January 1956.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.9% | 2.7% | 15.2%Jan 1981 | -1.8%Jan 2004 | 1956 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Producer Price Inflation | 22.7% | 16.9% | 79.3% | -37.4% | Apr 2026 | Monthly |
About this series
Inflation Rate in Norway averaged 2.5% from 1956 until 2026, reaching an all-time high of 15.2% in Jan 1981 and a record low of -1.8% in Jan 2004. The series is reported monthly with history from 1956.
The inflation rate measures the year-over-year percentage change in Norway's consumer price index. It is expressed in percent and reported monthly. The rate is calculated as the percentage change in the price level relative to the same month a year earlier. The series spans from January 1956 to July 2026.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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