Inflation Norway 2006
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in April at 2.7%. The lowest inflation was in January at 1.8%.
- Highest month
- April: 2.7%
- Lowest month
- January: 1.8%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 6.1%. The lowest price increase was in Clothing and footwear with an average of -3.5%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 6.1%
- Lowest increase
- Clothing and footwear: -3.5%
Historical Context
Current inflation is 0.7% higher than the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 10-year average
- 2%
- All-time high (2000)
- 3.1%
- All-time low (2004)
- 0.5%
Trend
Inflation shows an upward trend. Compared to 2005, inflation has risen by +0.8 percentage point.
- Change vs. previous year
- +0.8 percentage points
- Largest monthly swing
- February: +1.6 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 1.8% | +0.8 |
| February | 2.6% | +1.6 |
| March | 2.3% | +1.3 |
| April | 2.7% | +1.3 |
| May | 2.3% | +0.7 |
| June | 2.2% | +0.6 |
| July | 2.1% | +0.6 |
| August | 1.9% | 0.0 |
| September | 2.7% | +0.7 |
| October | 2.7% | +0.9 |
| November | 2.5% | +0.7 |
| December | 2.2% | +0.4 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 11/01/2026.