FX.co ★ Norway’s Core Inflation Cools to 3.0% in February, Extending Disinflation Trend

Norway’s core consumer price index (CPI) eased further in February 2026, with the year-to-date rate slowing to 3.0%, down from 3.4% in January 2026. The latest data, updated on 10 March 2026, signal a continued moderation in underlying inflationary pressures in the Norwegian economy.

The February reading marks a notable step down from January’s level, reinforcing the trend of disinflation in core prices. While headline figures were not disclosed, the softening in the core measure—typically watched closely by markets and policymakers—may be seen as reducing pressure for additional tightening, depending on how persistent the slowdown proves in subsequent months.

With core CPI YTD now at 3.0%, investors and analysts will be monitoring upcoming releases to assess whether February’s move represents the start of a more sustained return toward lower, more stable inflation dynamics in Norway.