Inflation Norway 2015
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in June at 2.7%. The lowest inflation was in July at 1.8%.
- Highest month
- June: 2.7%
- Lowest month
- July: 1.8%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Furnishings, household equipment and maintenance with an average of 5.2%. The lowest price increase was in Clothing and footwear with an average of 0.4%.
- Highest increase
- Furnishings, household equipment and maintenance: 5.2%
- Lowest increase
- Clothing and footwear: 0.4%
Historical Context
Current inflation is 0.5% higher than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 2%
- All-time high (2008)
- 3.8%
- All-time low (2004)
- 0.5%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (+0.1 percentage point).
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- June: +0.8 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 €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | 2.1% | -0.1 |
| February | 1.9% | -0.2 |
| March | 2.0% | 0.0 |
| April | 1.9% | 0.0 |
| May | 2.0% | +0.1 |
| June | 2.7% | +0.8 |
| July | 1.8% | -0.5 |
| August | 2.0% | 0.0 |
| September | 2.1% | -0.1 |
| October | 2.4% | +0.3 |
| November | 2.7% | +0.7 |
| December | 2.3% | +0.2 |
| Average | 2.2% |
Data source
Data from OECD. Last updated: 11/01/2026.