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FX.co ★ Norway's Core Inflation Inches Up to 0.4% in February 2024

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typeContent_19130:::2024-03-11T07:00:00

Norway's Core Inflation Inches Up to 0.4% in February 2024

Norway's core inflation data for February 2024 has been updated, showing a slight increase compared to the previous month. In January 2024, the core inflation rate was stagnant at 0%, but in February 2024, it rose to 0.4%. This month-over-month comparison indicates a positive shift in consumer prices within the Norwegian economy.

The latest figures, released on 11 March 2024, highlight the gradual uptick in core inflation, which excludes the volatile prices of food and energy. The data provides insights into the underlying inflation trends impacting the country's economy. As Norway continues to monitor its inflation metrics, observers and policymakers will assess the implications of these changes on monetary policy and economic stability. Stay tuned for further updates on Norway's economic performance and inflation dynamics.

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