Norway: energy inflation rate by commodity 2024| ��ƽ��

Harmonized index of consumer prices (HICP) energy inflation rate in Norway from January 2019 to November 2024, by commodity

Characteristic	Energy	Electricity
Nov '24	-6.6%	-10.4%
Oct '24	0.8%	6.4%
Sep '24	1.1%	10.9%
Aug '24	-8.2%	-12.7%
Jul '24	-6.8%	-15%
Jun '24	-10.7%	-21.8%
May '24	-12.4%	-24.1%
Apr '24	-6.7%	-12.6%
Mar '24	-5.7%	-8%
Feb '24	-0.9%	-3.8%
Jan '24	-4.1%	-4.6%
Dec '23	-8.1%	-14.6%
Nov '23	-12.6%	-18.2%
Oct '23	-23.6%	-34.3%
Sep '23	-30%	-46.1%
Aug '23	-16.5%	-26.9%
Jul '23	-7.8%	-2%
Jun '23	-1.3%	11.6%
May '23	6.1%	15.2%
Apr '23	6.2%	11.4%
Mar '23	11.7%	21.4%
Feb '23	14.2%	17.9%
Jan '23	17.4%	17.1%
Dec '22	6%	1.1%
Nov '22	18.9%	14.3%
Oct '22	30.4%	27.9%
Sep '22	24.4%	18.4%
Aug '22	26.1%	22.6%
Jul '22	30.5%	18.1%
Jun '22	41.5%	30.5%
May '22	34.5%	29%
Apr '22	43.3%	44.5%
Mar '22	35%	28.5%
Feb '22	17%	10.9%
Jan '22	23.8%	24%
Dec '21	81%	125.6%
Nov '21	91.2%	144.4%
Oct '21	62.6%	94.2%
Sep '21	75.8%	126.9%
Aug '21	63.1%	112.8%
Jul '21	51%	93.7%
Jun '21	43.3%	77.3%
May '21	38.4%	62.6%
Apr '21	35.7%	58%
Mar '21	24.8%	43%
Feb '21	26.9%	49.3%
Jan '21	12.2%	25.4%
Dec '20	-15.6%	-20.8%
Nov '20	-26.2%	-34.4%
Oct '20	-17.5%	-23.8%
Sep '20	-17.9%	-24.1%
Aug '20	-21.5%	-32.8%
Jul '20	-22%	-34.4%
Jun '20	-21.5%	-31.7%
May '20	-23.1%	-31.8%
Apr '20	-24.4%	-34.6%
Mar '20	-19.2%	-30.1%
Feb '20	-16.6%	-28%
Jan '20	-12.5%	-23.6%
Dec '19	-5.4%	-11.1%
Nov '19	-2.8%	-4.5%
Oct '19	-2.9%	-4%
Sep '19	-8%	-13.2%
Aug '19	-6%	-10.3%
Jul '19	-4.9%	-10.3%
Jun '19	-2.7%	-7.5%
May '19	7.7%	11.9%
Apr '19	7.1%	8.8%
Mar '19	6.4%	6.6%
Feb '19	11%	17.2%
Jan '19	19.3%	33.4%

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Release date

December 2024

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Region

Norway

Survey time period

January 2019 to November 2024

Supplementary notes

According to the source, the Harmonized Indices of Consumer Prices (HICP) measures changes in the prices of consumer goods and services over time. These indices provide comparable measures of inflation.

Citation formats

The inflation rates of energy commodity prices in Norway have fluctuated considerably since the beginning of 2021. Electricity price inflation peaked at 144.4 percent in November 2021, before dropping again in early 2022. In August of that year, electricity price inflation stood at 22.6 percent. In November 2024, electricity and energy price inflation was negative.