Norway Core Inflation Rises to 3.2 Percent in April
Norway's core inflation rose to 3.2% in April, meeting analyst forecasts. The data supports expectations for further interest rate hikes later this year.
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Norway core inflation rose to 3.2% in April, up from 3.0% in March, matching analyst forecasts for the period. The figure aligns with central bank projections but remains 1.2 percentage points above the official 2.0% target. Persistent price pressure supports expectations for another interest rate hike later this year to curb wage-driven inflation.
