The Norwegian economy witnessed a moderation in inflation, as the Consumer Price Index (CPI) eased to 3.0% in November, down from the 3.3% recorded in October, according to the latest data updated on December 10, 2025. This reduction marks a significant development as it represents the change in the overall price level of goods and services purchased by households over a year, compared to the same month last year.
The year-over-year analysis indicates a deceleration in inflationary pressures within the country, providing some relief to consumers. The previous month's indicator of 3.3% had already signaled the start of a slowdown, and the current figure of 3.0% further supports a trend towards price stability.
This easing in inflation could have potential implications for economic policy, particularly in terms of monetary decision-making by the country’s central bank. As Norway grapples with global economic uncertainties, the decrease in CPI could influence borrowing costs and consumer confidence, contributing positively to the national economic landscape as the year draws to a close.
