Inflation Norway 2010
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in March at 3.5%. The lowest inflation was in September at 1.8%.
- Highest month
- March: 3.5%
- Lowest month
- September: 1.8%
- Difference
- 1.7 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 5.3%. The lowest price increase was in Clothing and footwear with an average of -4.0%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 5.3%
- Lowest increase
- Clothing and footwear: -4.0%
Historical Context
Current inflation is around the 5-year average of 2.3%.
- 5-year average
- 2.3%
- 10-year average
- 2%
- All-time high (2008)
- 3.8%
- All-time low (2004)
- 0.5%
Trend
Inflation shows a downward trend. Compared to 2009, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- June: -1.5 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2010
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2009 |
|---|---|---|
| January | 2.5% | +0.2 |
| February | 2.9% | +0.4 |
| March | 3.5% | +1.0 |
| April | 3.3% | +0.4 |
| May | 2.6% | -0.5 |
| June | 1.9% | -1.5 |
| July | 1.9% | -0.4 |
| August | 1.9% | 0.0 |
| September | 1.8% | +0.6 |
| October | 2.1% | +1.4 |
| November | 2.0% | +0.4 |
| December | 2.8% | +0.8 |
| Average | 2.4% |
Data source
Data from OECD. Last updated: 11/01/2026.