Norway Inflation Rate (CPI)

Norway Inflation Rate (CPI) 11 March 2024

Norway Inflation Rate (CPI) 11 March 2024: 4.5% for February 2024, below the 4.9% forecast and down from 4.7% in January 2024. It is the lowest reading since October 2023. 5 of the last 12 releases came in below the forecast. Printed 4.5%, above the 2% target. It was released on Mon 11 Mar 2024 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
4.5%
February 2024
Forecast
4.9%
The market consensus
Previous
4.7%
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 March 2024: 4.5% for February 2024 against a 4.9% 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) 11 March 2024: 4.5% vs 4.9% forecast (Statistics Norway). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/no-cpi/2024-03-11

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
11 Mar 2024Feb4.5%4.9%4.7%
9 Feb 2024Jan4.7%4.6%4.8%
10 Jan 2024Dec4.8%4.8%4.8%
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%