FX.co ★ Norwegian Core Inflation Slows to 0.2% in March 2024

Norway's core inflation rate decelerated in March 2024, reaching 0.2% compared to 0.4% in February of the same year. This data was updated on April 10, 2024, indicating a decline in consumer price growth from the previous month. Core inflation measures the change in the price of goods and services, excluding the volatile food and energy sectors, offering insight into underlying inflation trends. The month-over-month comparison revealed a slowdown in inflationary pressures, signaling potential economic adjustments in Norway. Analysts are closely monitoring these developments to assess the country's economic stability and the potential impact on monetary policy decisions.