Norway Core Inflation Expected to Rise to 2.9% in July
Norway's core inflation is seen climbing to 2.9% in July, driven by ICT and airline ticket prices, while lower food costs provide a partial offset.
Analysts anticipate Norway's core inflation rate rose to 2.9% in July, according to market expectations. The increase is primarily attributed to a partial rebound in information and communication technology (ICT) and airline ticket prices.
However, a decline in food inflation is expected to partially counterbalance these upward pressures. The data would follow a period of easing price pressures in the Nordic economy.
Source: FXStreet Forex News