Core inflation · Norway
Norway Core Inflation Rate MoM Final
The Norway Core Inflation Rate MoM Final measures the rise in consumer prices in Norway without the most volatile items, usually food and energy (definitions vary by country).
- Importance
- Low
- Devise
- NOK · Norwegian krone
- Banque centrale
- Norges Bank
Derniers chiffres
La dernière publication, pour JUN, est parue le 2026-07-15 et s’est établie à -0.1%. C’est moins que 0.4% la fois précédente.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 15 Jul 2026 | JUN | -0.1% | – | 0.4% |
Pourquoi c’est important
Food and energy prices jump with harvests and oil, then fall back. The core rate shows the underlying trend that Norges Bank can actually influence, so it often moves markets more than the headline. Services inflation, driven by wages, is the stickiest part.
Mode de calcul
Statistics Norway (SSB) takes the consumer price index basket, removes the excluded items and re-weights the rest; the change is measured month on month and against the same month a year earlier.
Core inflation (yoy) = core index ÷ core index 12 months ago − 1Ce que signifient les variations
- A core rate falling towards the target lets Norges Bank ease; a stubborn core keeps rates high.
- Monthly core changes of 0.2% compound to about 2.4% a year; 0.3% to about 3.7%.
- Markets compare the figure with the consensus to one decimal; a 0.1-point surprise moves currencies.
Supérieur aux attentes : A higher figure than expected makes Norges Bank more likely to keep rates high or raise them: it tends to support the Norwegian krone and push bond yields up, and is often a weight on stocks.
Inférieur aux attentes : A lower figure than expected gives Norges Bank room to cut or hold rates lower: the Norwegian krone tends to soften and bond yields to fall.
Un bref historique
Economists Robert Gordon and others popularised excluding food and energy in the 1970s, when oil shocks made the headline rate misleading; most central banks now publish or watch a core measure.
Questions
What is the Norway Core Inflation Rate MoM Final?
The Norway Core Inflation Rate MoM Final measures the rise in consumer prices in Norway without the most volatile items, usually food and energy (definitions vary by country).
What was the latest Norway Core Inflation Rate MoM Final?
-0.1% for JUN, published on 15 July 2026.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.