FX.co ★ Norway’s Inflation Ticks Up to 3.6% in October, Slightly Above September Reading

Norway’s consumer price inflation edged higher in October 2026, with the year-over-year Consumer Price Index (CPI) rising to 3.6%, up from 3.4% in September 2026. The data, updated on 10 November 2026, show that price pressures strengthened modestly at the start of the fourth quarter.

Both the current and previous readings are calculated on a Year-over-Year basis, comparing each month’s price level with the same month a year earlier. While the increase from 3.4% to 3.6% does not represent a sharp acceleration, it indicates that inflationary pressures have not yet fully subsided and will remain a key variable for policymakers and market participants monitoring Norway’s economic outlook.