Norway Inflation Rate (CPI)

Norway Inflation Rate (CPI) 10 August 2023

Norway Inflation Rate (CPI) 10 August 2023: 5.4% for July 2023, below the 5.7% forecast and down from 6.4% in June 2023. It is the lowest of the last 12 releases. 5 of the last 12 releases came in below the forecast. Printed 5.4%, above the 2% target. It was released on Thu 10 Aug 2023 at 06:00 UTC.

These figures were verified on 4 Oct 2026 from the source: Statistics Norway. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
5.4%
July 2023
Forecast
5.7%
The market consensus
Previous
6.4%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise may weaken the krone if it reinforces a cooling inflation trend and lowers rate expectations. The effect is limited if core inflation remains strong.

Norway Inflation Rate (CPI) 10 August 2023: 5.4% for July 2023 against a 5.7% forecast, with the last 12 releases
Sharing this? Please link to this page as the source.Download the chart

Cite this release

If you cite this release, please link to this page:

Norway Inflation Rate (CPI) 10 August 2023: 5.4% vs 5.7% forecast (Statistics Norway). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/no-cpi/2023-08-10

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
10 Aug 2023Jul5.4%5.7%6.4%
10 Jul 2023Jun6.4%6.2%6.7%
9 Jun 2023May6.7%6.2%6.4%
10 May 2023Apr6.4%6.1%6.5%
11 Apr 2023Mar6.5%6.1%6.3%
10 Mar 2023Feb6.3%6.8%7%
10 Feb 2023Jan7%6.5%5.9%
10 Jan 2023Dec5.9%6.1%6.5%
9 Dec 2022Nov6.5%7%7.5%
10 Nov 2022Oct7.5%7.1%6.9%
10 Oct 2022Sep6.9%6.2%6.5%
9 Sep 2022Aug6.5%7.1%6.8%