FX.co ★ Norway’s Inflation Cools Further as February CPI Slows to 2.7% YoY

Norway’s consumer price inflation eased in February 2026, with the year-over-year Consumer Price Index (CPI) slowing to 2.7%, down from 3.6% in January 2026. The latest data, updated on 10 March 2026, indicate a continued moderation in price pressures compared with the same month a year earlier.

Both the current and previous readings are based on year-over-year comparisons: the February figure reflects the change in prices relative to February of the prior year, while the January indicator measured the change versus January a year earlier. The decline from 3.6% to 2.7% suggests that inflationary pressures in Norway are easing, potentially providing the central bank and policymakers with more room to reassess the monetary policy stance if the trend continues.