Inflation & Prices
Norway’s Core Inflation Rate Falls to Weakest Since 2022
- Outcome of 3.3% is lower than 3.4% median survey estimate
- Central bank previously signaled rate cut only in 2025
This article is for subscribers only.
Norway’s underlying inflation eased to its lowest level in more than two years, offering policymakers reassurance that could advance the case for an interest-rate cut.
The pace of core consumer-price growth, which excludes volatile items such as energy, declined to 3.3% in July, the least since April 2022, according to data from the statistics office on Friday.