Figure 1. 12-month rate, CPI and CI-ATE. Per cent
Line chart with 2 lines.
The chart has 1 X axis displaying Month.
The chart has 1 Y axis displaying Per cent. Data ranges from 0.7 to 7.5.
Highcharts.com
End of interactive chart.
Figure 1. 12-month rate, CPI and CI-ATE. Per cent
MonthCPICPI-ATE
Nov. 20200.72.9
Dec. 20201.43
Jan. 20212.52.7
Feb. 20213.32.7
Mar. 20213.12.7
Apr. 202132
May 20212.71.5
June 20212.91.4
July 202131.1
Aug. 20213.41
Sep. 20214.11.2
Oct. 20213.50.9
Nov. 20215.11.3
Dec. 20215.31.8
Jan. 20223.21.3
Feb. 20223.72.1
Mar. 20224.52.1
Apr. 20225.42.6
May 20225.73.4
June 20226.33.6
July 20226.84.5
Aug. 20226.54.7
Sep. 20226.95.3
Oct. 20227.55.9
Nov. 20226.55.7
Source: Consumer price index, Statistics Norway
Figure 2. Monthly change in per cent. CPI, CPI-ATE, CPI, by divisons. Per cent
Bar chart with 2 data series.
The chart has 1 X axis displaying Divisons.
The chart has 1 Y axis displaying Per cent. Data ranges from -2.4 to 2.5.
Highcharts.com
End of interactive chart.
Figure 2. Monthly change in per cent. CPI, CPI-ATE, CPI, by divisons. Per cent
DivisonsOctober 2022 - November 2022October 2021 - November 2021
Miscellaneous goods and services0.80
Restaurants and hotels-0.11.2
Education00
Recreation and culture-0.10.2
Communications-0.9-0.3
Transport-0.30.8
Health0.40.3
Furnishings, household equipment and routine maintenance-2.4-1.8
Housing, water, electricity, gas and other fuels0.22.5
Clothing and footwear1.10.6
Alcoholic beverages and tobacco-0.10
Food and non-alcoholic beverages-0.4-0.1
CPI -ATE All-item index-0.10.1
CPI All-item index-0.20.8
Source: Consumer price index, Statistics Norway
Figure 3. 12-month rate. CPI, CPI-ATE, CPI by divisions. November 2021 - November 2022. Per cent
Bar chart with 14 bars.
The chart has 1 X axis displaying Divsions.
The chart has 1 Y axis displaying Per cent. Data ranges from 1.8 to 12.7.
Highcharts.com
End of interactive chart.
Figure 3. 12-month rate. CPI, CPI-ATE, CPI by divisions. November 2021 - November 2022. Per cent
DivsionsNovember 2021 - November 2022
Miscellaneous goods and services2.8
Restaurants and hotels6.6
Education2.3
Recreation and culture5.6
Communications1.8
Transport9.6
Health3.4
Furnishings, household equipment and routine maintenance7.6
Housing, water, electricity, gas and other fuels4.9
Clothing and footwear2.1
Alcoholic beverages and tobacco5.3
Food and non-alcoholic beverages12.7
CPI -ATE All-item index5.7
CPI All-item index6.5
Source: Consumer price index, Statistics Norway
Figure 4. 12-month rate, CPI and CPI ex support scheme for electricity¹. Per cent
Bar chart with 2 data series.
The chart has 1 X axis displaying Month.
The chart has 1 Y axis displaying Per cent. Data ranges from 3.2 to 9.9.
End of interactive chart.
Figure 4. 12-month rate, CPI and CPI ex support scheme for electricity¹. Per cent
MonthCPI-TotalCPI ex support scheme for electricity¹
Dec. 20215.36.7
Jan. 20223.25.1
Feb. 20223.75.5
Mar. 20224.56.6
Apr. 20225.47.2
May. 20225.77.7
Jun. 20226.38.2
Jul. 20226.88.9
Aug. 20226.59
Sep. 20226.99.9
Oct. 20227.59.5
Nov. 20226.58.4
¹ The indices included for the components electricity and grid rent are adjusted for tax-changes. This means that the amount of the electricity subsidy is added to the price that the households pay. Thus, this is a hypothetical CPI that shows what overall price growth would have been if no support had been introduced by the government, and the households paid the market price instead. The electricity subsidy consists of the govenrment's temporary electricity subsidy scheme and lower electricity tax.

The Norwegian parliament has adopted a support scheme for electricity costs aimed at households. When the market price of elspot on average exceeds NOK 0.7 per kilowatt hour for one month, the state will provide direct support to electricity customers, with a support share of 55 percent in December 2021 and 80 percent as of January through August 2022. From September 2022 the support share was increased to 90 percent. The support is provided for a monthly power consumption of up to 5000 kilowatt hours.

The CPI measures the support scheme for electricity costs as a direct discount on electricity prices aimed at households. The CPI takes the five bidding areas into account when calculating the electricity index. For the bidding area where the elspot prices on average for the month do not exceed NOK 0.7 per kilowatt hour (excl. VAT), the actual market prices paid by households are used. While compensated prices are used for elspot in bidding areas where the average elspot price for the month does exceed NOK 0.7 per kilowatt hour.

The discount is applied to all contract types for electricity that are included in the CPI for the given bidding area. The value added tax (VAT) is added to the price in bidding areas that are not exempt from this. The calculations include an estimate of how much of the consumption takes place in cabins and is therefore not covered by the support scheme.

As for the period from April to December 2022, a reduced tax on grid rent has also been adopted. The electricity tax is included in the CPI in the calculation of the index for grid rent.