Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Norway
Index 2015=100
NORCPHPEN01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
189.00
Year-over-Year Change
-8.34%
Date Range
1/1/1996 - 3/1/2025
Summary
The Index 2015=100 measures the nominal price index for consumer goods and services in Norway. This key inflation indicator is closely watched by policymakers and analysts to assess cost-of-living trends.
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
The Index 2015=100 is Norway's national consumer price index, which tracks the average change in prices paid by consumers for a basket of goods and services. It serves as a critical benchmark for measuring inflation and informing monetary policy decisions.
Methodology
The index is calculated monthly by Statistics Norway based on price surveys of consumer expenditures.
Historical Context
The Index 2015=100 is a leading indicator used by the Norges Bank and other institutions to evaluate economic conditions and guide policy.
Key Facts
- Base year is 2015 with an index value of 100.
- Covers a broad basket of consumer goods and services.
- Published monthly by Statistics Norway.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures the nominal price index for consumer goods and services in Norway. It serves as the country's primary gauge of inflation.
Q: Why is this trend relevant for users or analysts?
A: The Index 2015=100 is a crucial economic indicator used by policymakers, businesses, and consumers to assess cost-of-living trends and inform decisions.
Q: How is this data collected or calculated?
A: The index is calculated monthly by Statistics Norway based on price surveys of consumer expenditures.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is a leading indicator used by the Norges Bank and other institutions to evaluate economic conditions and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays.
Related Trends
Producer Prices Index: Type of Goods: Consumer Goods: Domestic for Norway
PITGCG02NOM661N
Consumer Price Index: OECD Groups: Energy (Fuel, Electricity, and Gasoline): Total for Norway
CPGREN01NOA657N
Leading Indicators OECD: Component series: Consumer prices: Normalised for Norway
NORLOCOPCNOSTSAM
Credit to Private Non-Financial Sector by Banks, Adjusted for Breaks, for Norway
QNOPBM770A
Financial Market: Share Prices for Norway
SPASTT01NOQ661N
Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Norway
LFEAAGTTNOA647S
Citation
U.S. Federal Reserve, Index 2015=100 (NORCPHPEN01IXOBM), retrieved from FRED.