Norway core inflation rate


Norway core inflation rate: 3.4 (-17.07%)
Last Update: June 30, 2024

Norway core inflation rate closed down 3.4 as of June 30, 2024 from 4.1 from the previous month and 7 from last year.


Norway core inflation rate Analytics & Data




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Norway core inflation rate

DateValues
2024-06-30 3.4
2024-05-31 4.1
2024-04-30 4.4
2024-03-31 4.5
2024-02-29 4.9
2024-01-31 5.3
2023-12-31 5.5
2023-11-30 5.8
2023-10-31 6
2023-09-30 5.7
2023-08-31 6.3
2023-07-31 6.4
2023-06-30 7
2023-05-31 6.7
2023-04-30 6.3
2023-03-31 6.2
2023-02-28 5.9
2023-01-31 6.4
2022-12-31 5.8
2022-11-30 5.7
2022-10-31 5.9
2022-09-30 5.3
2022-08-31 4.7
2022-07-31 4.5

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Norway core inflation rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
core inflation rateno.coreinflationrate3.44.1-17-51DownDown132024-06-30

Norway core inflation rate Factors

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Norway core inflation rate Historical Data

The MacroVar database offers free access to historical data for the Norway core inflation rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Norway core inflation rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Norway core inflation rate

The core inflation rate in Norway refers to the measure of inflation that excludes the most volatile components such as energy and food prices. This allows for a more accurate reflection of underlying inflation trends in the economy. By focusing on core inflation, policymakers can better assess the overall price stability and make informed decisions regarding monetary policy. A low core inflation rate may indicate weak demand in the economy, while a high core inflation rate could lead to concerns about overheating and potential price instability. Monitoring the core inflation rate is important for maintaining a stable and sustainable economic environment in Norway.