Record increase in fuel prices in Norway. September inflation figures revealed
Fuel prices in Norway rose by 27.7% in September. This was the largest monthly increase in this category since measurements began. More expensive petrol and diesel contributed to annual inflation rising to 3.4%.
September inflation was influenced, among other factors, by diesel prices.
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The latest data from Statistics Norway (SSB) show that the consumer price index (CPI) increased by 0.5% in September compared with August. The annual rate of price growth was 0.1 percentage points higher than a month earlier. At the same time, inflation excluding energy prices and adjusted for tax changes remained at 3.0%.
Fuel prices rose by a record amount. Tax relief expired
In September, fuel prices increased by 27.7% compared with August. SSB notes that such a large monthly change in this category had not previously been recorded in the history of CPI measurements. Temporary reductions in fuel taxes ceased to apply on 1 September. At the same time, petrol and diesel prices rose even before taxes were added. Both factors resulted in a record increase in prices at filling stations.
The situation on the electricity market was different. Electricity prices, including grid charges, rose by 0.1%, while in the same period last year the increase was 3.4%. This difference limited the annual growth rate of the CPI. An increasing number of households are also using the Norgespris fixed electricity price scheme, introduced on 1 October 2025. Interest in the scheme increased particularly in central Norway in September, while electricity prices rose more markedly in the north of the country.
The situation on the electricity market was different. Electricity prices, including grid charges, rose by 0.1%, while in the same period last year the increase was 3.4%. This difference limited the annual growth rate of the CPI. An increasing number of households are also using the Norgespris fixed electricity price scheme, introduced on 1 October 2025. Interest in the scheme increased particularly in central Norway in September, while electricity prices rose more markedly in the north of the country.
Inflation and core inflation in Norway over the past 24 months.Fig. SSB
Food prices fell more slowly. Beverages reached record prices
Food prices fell by 0.7% in September compared with August. A year earlier, the decline was 1.2%, which is why the annual rate of food price growth increased to 2.2%. The largest reductions concerned broccoli, cauliflower and other brassica vegetables, which became as much as 30.4% cheaper. This was the largest monthly price drop ever recorded in this group. Lamb and goat meat was also cheaper, with prices falling by 3.9%.
At the same time, non-alcoholic beverages became markedly more expensive. Their prices rose by 4.0% over the month, the largest increase since July 2022, bringing prices in this category to their highest level to date. Coffee alone rose in price by 14.1%, following an equally large drop in August. Meanwhile, prices of furniture, household equipment and home maintenance fell by 2.3%. This decline limited the increase in the CPI-ATE, which remained at 3.0% year on year in September.
At the same time, non-alcoholic beverages became markedly more expensive. Their prices rose by 4.0% over the month, the largest increase since July 2022, bringing prices in this category to their highest level to date. Coffee alone rose in price by 14.1%, following an equally large drop in August. Meanwhile, prices of furniture, household equipment and home maintenance fell by 2.3%. This decline limited the increase in the CPI-ATE, which remained at 3.0% year on year in September.
September's figures were also affected by changes in the prices of passenger transport by water. Prices of tickets for ferries and other ship services fell by 11% after seasonal fares, which had been in force until 31 August, ended. According to SSB, prices in this category have already returned to a level close to that recorded before the summer season.
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