FX.co ★ Norway's CPI Growth Slows to 0.1% in November, Reflecting Tepid Inflation Momentum

In a notable shift, Norway's Consumer Price Index (CPI) growth decelerated to 0.1% in November 2025 from 0.3% in October, according to the latest data released on December 10, 2025. This month-over-month comparison indicates a cooling of inflationary pressures within the Norwegian economy, suggesting a shift towards more modest price increases after a period of relatively higher growth in October.

The slowdown in CPI growth could be attributed to a variety of factors, including potential reductions in consumer demand or changes in supply chain dynamics that have alleviated some of the inflationary pressures experienced in previous months. This trend indicates that the overarching economic conditions may be stabilizing, which could have implications for future monetary policy decisions by the central bank.

Experts will be closely watching the upcoming months to see if this trend continues, as it may influence both consumer confidence and broader economic strategies moving forward. While slower CPI growth could benefit Norwegian consumers by maintaining purchasing power, it also reflects underlying economic challenges that warrant careful monitoring.