Norway inflation rises
Norway's consumer price index (CPI) increased 3.6% year over year, coming in below market expectations of 3.7%.
However, annual inflation accelerated from the previous 3.4% reading, indicating persistent consumer price pressures.
On a monthly basis, consumer prices rose 0.3%, slowing from the previous 0.5% increase. The figures highlighted softer monthly price growth alongside accelerating annual inflation. This divergence could influence expectations for future interest-rate decisions by Norges Bank.
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