Norway consumer price indexNorway consumer price indexNorway consumer price index

Norway consumer price index

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
134.50POINT on Oct 31, 2024
Lowest
5.09POINT on Mar 31, 1950

About Norway consumer price index


Category
Prices
Frequency
Monthly
Units
POINT
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.

Frequently Asked Questions


The Consumer Price Index (CPI) gauges the general fluctuation in consumer prices by tracking a diverse selection of goods and services over time. Widely embraced as the primary indicator of inflation, it is closely monitored by policymakers, businesses, and other market participants.
Core CPI captures the variations in the prices of goods and services, but unlike CPI, it excludes those originating from the food and energy sectors. Core CPI helps to determine the influence of increasing prices on consumer income.
The highest Norway consumer price index ever is 134.50 POINT.
The lowest Norway consumer price index ever is 5.09 POINT.
Last month Norway consumer price index was 134.50 POINT, and the month before that it reached 133.70 POINT.