Inflation Norway 2000
Average inflation: 3.1%
Inflation in 2000
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
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 percentage points 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 NOK 100 this year will cost approximately NOK 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: 13/01/2026.