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Increased purchasing power despite high interest rates
Interest rates are expected to remain elevated over the next two years, although they will gradually decline somewhat. Nevertheless, household purchasing power will improve as a result of solid real wage growth.
CPI up 3.3 per cent last 12 months
From August 2025 to August 2026 the Consumer Price Index (CPI) rose by 3.3 per cent, while the CPI adjusted for tax changes and excluding energy products (CPI-ATE) rose by 3.0 per cent. The CPI decreased by 0.3 per cent from July to August, while the CPI-ATE decreased by 0.5 per cent in the same period.
Salmon price in the period of August 31st – September 6th
In the period of August 31st – September 6th the export price of fresh salmon came to NOK 69.71 per kilo, down by 3.0 per cent compared to the previous seven-day period.
Increase in price growth for manufacturing
The prices that the Norwegian manufacturing industries received for their goods increased overall by 7.9 percent from August last year to August this year. There was a significant price increase in April, and prices have remained relatively high since then. The price growth from the same period last year was somewhat lower in June and July but increased again in August. This pattern applied to both the domestic and export markets.
