Market News
Slow increase of Norwegian consumer prices
Monday, 11 March 2013
Norway's consumer prices rose 0.7 percent in February compared to the month before.
Compared with the same month last year, prices rose 1.0 percent, according to statistics from the Norwegian statistic office, Statistic Sentralbyrå, (SSB).
Analysts had expected that CPI would have risen 0.7 percent during the month and rose by 1.0 percent compared with the same month last year, according to Bloomberg News forecast survey.
SSB's measure of core inflation, CPI-ATE, rose by 1.1 percent compared with the same month last year. Analysts had expected core inflation rate of 1.1 percent.
by Scancomark.com Team
Advertisement
Slow increase of Norwegian consumer prices
Monday, 11 March 2013Norway's consumer prices rose 0.7 percent in February compared to the month before.
Compared with the same month last year, prices rose 1.0 percent, according to statistics from the Norwegian statistic office, Statistic Sentralbyrå, (SSB).
Analysts had expected that CPI would have risen 0.7 percent during the month and rose by 1.0 percent compared with the same month last year, according to Bloomberg News forecast survey.
SSB's measure of core inflation, CPI-ATE, rose by 1.1 percent compared with the same month last year. Analysts had expected core inflation rate of 1.1 percent.
by Scancomark.com Team
We
welcome your contribution. Did you find anything wrong with this
article? Do you want to contribute to our news network? Do
have a news tip or assist us with a correction?