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Norway's June core inflation slightly higher than expected
Gulf Today
|July 13, 2025
Norway (SSB) data showed on Thursday, in a sign that the central bank could limit the decline in key interest rates this year.
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Core inflation, which strips out changing energy prices and taxes, stood at 3.1 per cent year-on-year, up from 2.8 per cent in May and above the 3.0 per cent expected by analysts in a Reuters poll.
Norges Bank had expected core inflation of 3.1 per cent.
Norway's crown currency traded largely unchanged against the euro at 11.83 at 0608 GMT, following the 0600 GMT data release.
This story is from the July 13, 2025 edition of Gulf Today.
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