Norway Inflation Rate (CPI)

Norway Inflation Rate (CPI) 11 December 2023

Norway Inflation Rate (CPI) 11 December 2023: 4.8% for November 2023, below the 4.9% forecast and up from 4% in October 2023. It is the highest reading since August 2023. 6 of the last 12 releases came in below the forecast. Printed 4.8%, above the 2% target. It was released on Mon 11 Dec 2023 at 07:00 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%
November 2023
Forecast
4.9%
The market consensus
Previous
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 December 2023: 4.8% for November 2023 against a 4.9% 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 December 2023: 4.8% vs 4.9% forecast (Statistics Norway). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/no-cpi/2023-12-11

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
11 Dec 2023Nov4.8%4.9%4%
10 Nov 2023Oct4%3.6%3.3%
10 Oct 2023Sep3.3%4%4.8%
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%