Norway Inflation Rate (CPI)

Norway Inflation Rate (CPI) 11 September 2023

Norway Inflation Rate (CPI) 11 September 2023: 4.8% for August 2023, below the 5.3% forecast and down from 5.4% in July 2023. It is the lowest of the last 12 releases. It is the second release in a row below the forecast. Printed 4.8%, above the 2% target. It was released on Mon 11 Sep 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
4.8%
August 2023
Forecast
5.3%
The market consensus
Previous
5.4%
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) 11 September 2023: 4.8% for August 2023 against a 5.3% forecast, with the last 12 releases
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Cite this release

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

Norway Inflation Rate (CPI) 11 September 2023: 4.8% vs 5.3% forecast (Statistics Norway). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/no-cpi/2023-09-11

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
11 Sep 2023Aug4.8%5.3%5.4%
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%