Makrognosis

Norway Core Inflation Rate

MonthlyNot seasonally adjustedCode NO.CPICORE.M.NSA

Latest (y/y)2.7%October 2026
Previous (y/y)3.0%September 2026
Level103.8October 2026

Norway Core Inflation Rate was up 2.7% year on year in October 2026, compared with 3.0% in September 2026.

The level stood at 103.8 (index 2025=100).

Among the 50 economies Makrognosis covers on this measure, it is the 17th lowest.

Over the past ten years it has ranged from 0.9% (Sep 2017) to 6.9% (Jun 2023), averaging 3.0%.

Norway Core Inflation Rate, annual % change, Dec 2003 – Oct 2026−2%0%2%4%6%20052010201520202025Robomacro
Norway Core Inflation Rate, annual % change, Dec 2003 – Oct 2026. Source: Statistics Norway (SSB).
Norway Core Inflation Rate, level (index 2025=100)6070809010020052010201520202025Robomacro
Norway Core Inflation Rate, level (index 2025=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
October 2026103.82.7
September 2026103.53.0
August 2026103.33.0
July 2026103.82.7
June 2026103.02.7
May 2026103.13.4
April 2026102.73.2
March 2026102.03.0
February 2026101.93.0
January 2026101.23.4
December 2025100.93.2
November 2025100.83.0
October 2025101.13.4
September 2025100.53.0
August 2025100.33.0
July 2025101.13.2
June 2025100.33.1
May 202599.702.8
April 202599.503.0
March 202599.003.3
February 202598.903.5
January 202597.902.7
December 202497.802.7
November 202497.902.9

Last 24 observations. The full history (287 observations) is available through the API.

Get Norway Core Inflation Rate in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/NO.CPICORE.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/NO.CPICORE.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationDecember 2002
Observations287
FrequencyMonthly
Unitsindex 2025=100
AdjustmentNot seasonally adjusted
10-year high6.9% (Jun 2023)
10-year low0.9% (Sep 2017)
10-year average3.0%
Source agencyStatistics Norway (SSB)
Makrognosis codeNO.CPICORE.M.NSA

Core Inflation Rate: how Norway compares

#EconomyPeriodLatest
1ArgentinaSep 202631.6%
2TurkeyOct 202628.5%
3RomaniaSep 20267.0%
4IcelandSep 20266.8%
5KosovoSep 20266.2%
29IrelandOct 20262.9%
30SlovakiaOct 20262.8%
31South KoreaOct 20262.8%
32United KingdomSep 20262.8%
33BelgiumOct 20262.7%
34NorwayOct 20262.7%
35MaltaOct 20262.4%
36AlbaniaSep 20262.4%
37GermanyOct 20262.3%
38ItalyOct 20262.3%
39JapanSep 20262.2%
40SingaporeSep 20262.0%

Core Inflation Rate by country: all 50 economies ranked →

Other Norway indicators

Norway GDP (Gross Domestic Product)Norway GDP (total, incl. petroleum and ocean transport), current prices, seasonally adjusted (NOK million), quarterly (SSB 09190)Norway Inflation Rate (CPI)Norway Unemployment RateNorway 10-Year Government Bond YieldNorway Credit Rating & Sovereign Risk ScoreNorway Industrial ProductionNorway Retail SalesNorway Producer Price Inflation (PPI)Norway Current account balance, current prices (NOK million), , quarterly NSANorway Trade Balance: Goods & ServicesNorway Total exports of goods (NOK million), , monthly NSANorway Total imports of goods (NOK million), , monthly NSANorway Government Debt to GDPNorway EmploymentNorway 5-Year Government Generic Bond Yield (Norges Bank)

FAQ

What is the current core Inflation Rate in Norway?
The latest reading is 2.7% year on year for October 2026, published by Statistics Norway (SSB).
Where does this data come from?
It is collected directly from Statistics Norway (SSB) and is available through the Makrognosis API under the code NO.CPICORE.M.NSA.

Last updated 2026-11-10. Source: Statistics Norway (SSB). Original title: “CPI-ATE: CPI adjusted for tax changes and excl. energy products (2025=100), Norway, monthly NSA”.