Inflation Norway 2000
Average inflation: 3.1%
Current Inflation
Inflation is high at 3.1%, well above the ECB target.
Peak and Trough
The highest inflation was in August at 3.6%. The lowest inflation was in March at 2.6%.
- Highest month
- August: 3.6%
- Lowest month
- March: 2.6%
- Difference
- 1.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 7.0%. The lowest price increase was in Clothing and footwear with an average of -4.3%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 7.0%
- Lowest increase
- Clothing and footwear: -4.3%
Historical Context
Current inflation is around the 5-year average of 3.1%. This approaches the highest level since records began (3.1% in 2000).
- 5-year average
- 3.1%
- 10-year average
- 3.1%
- All-time high (2000)
- 3.1%
- All-time low (2000)
- 3.1%
Trend
ECB Target
Inflation is 1.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2000
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| January | 2.9% |
| February | 3.2% |
| March | 2.6% |
| April | 2.6% |
| May | 2.9% |
| June | 3.3% |
| July | 3.2% |
| August | 3.6% |
| September | 3.5% |
| October | 3.1% |
| November | 3.2% |
| December | 3.0% |
| Average | 3.1% |
Data source
Data from OECD. Last updated: 11/01/2026.