Consumer Price Index for Norway
Index 2010=100, Annual, Not Seasonally Adjusted
DDOE02NOA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.55
Year-over-Year Change
28.21%
Date Range
1/1/1960 - 1/1/2017
Summary
The 'Index 2010=100, Annual, Not Seasonally Adjusted' trend measures the annual price level of economic output in a country, indexed to the year 2010. This provides a standardized metric for evaluating long-term economic growth and development.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This annual index tracks the overall price level of a country's gross domestic product (GDP), using the year 2010 as a baseline of 100. It is a key indicator of a nation's economic performance and purchasing power over time, adjusting for inflationary effects.
Methodology
The data is calculated by the World Bank using national accounts data and GDP deflator figures.
Historical Context
Policymakers and analysts use this index to assess a country's macroeconomic health and living standards relative to prior years.
Key Facts
- The index baseline year is 2010.
- It measures the overall price level of a country's GDP.
- The index is published annually and not seasonally adjusted.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual price level of a country's gross domestic product (GDP), indexed to the base year 2010.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of a nation's economic performance and purchasing power over time, allowing for analysis of long-term growth and inflationary trends.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts data and GDP deflator figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess a country's macroeconomic health and living standards relative to prior years.
Q: Are there update delays or limitations?
A: The index is published annually and not seasonally adjusted, so there may be delays in the most recent data availability.
Related Trends
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NORFCBODCKNUM
Stock Market Turnover Ratio (Value Traded/Capitalization) for Norway
DDEM01NOA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Norway
NORCP090000CTGYM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Norway
LREM74MANOA156N
Value of Exports to Norway from New York
NYNORA052SCEN
Bank Non-Performing Loans to Gross Loans for Norway
DDSI02NOA156NWDB
Citation
U.S. Federal Reserve, Index 2010=100, Annual, Not Seasonally Adjusted (DDOE02NOA086NWDB), retrieved from FRED.