Current inflation Norge 3.2%

December 2025

Current Inflation

Inflation is high at 3.1%, well above the ECB target.

Historical Context

Current inflation is 1.1% lower than the 5-year average of 4.2%.

5-year average
4.2%
10-year average
3.3%
All-time high (2022)
5.7%
All-time low (2004)
0.5%

Trend

Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.1 percentage point.

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.

Last 12 months

5-year trend

Statistics

This year (avg.)
3.1%
Last year
3.2%
5-year average
3.1%
All-time high (2022)
5.7%