Financial News: Norway Inflation Eases In October

Norway Inflation Eases In October

11/10/2025 - 07:43:00 (RTTNews)

(RTTNews) - Norway's consumer price inflation eased to a three-month low in October but core inflation rose to a seven-month high, Statistics Norway reported Monday.

The consumer price index rose 3.3 percent in October from a year ago, the weakest since July and slower than the 3.6 percent increase in September.

However, core inflation accelerated to 3.4 percent from 3.0 percent in September. A similar higher rate was last seen in March.

On a monthly basis, consumer prices gained 0.3 percent.

Another data showed producer prices decreased for the sixth straight month in October. Producer prices fell 6.9 percent on a yearly basis, bigger than the 2.8 percent decline in September. This was the sharpest fall since March 2024.

Producer prices edged up 0.1 percent month-on-month, in contrast to the 1.7 percent decline in September.

Last week, Norges Bank left its key interest rate unchanged at 4.0 percent after lowering it by a quarter-point in September. The governor said if the economy evolves broadly as currently envisaged, the policy rate will be reduced further in the course of the coming year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds Much More Than Expected In December (01 hr(s), 59 min(s), 59 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed consumer sent ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In September (02 hr(s), 11 min(s), 59 sec(s) ago)
(RTTNews) - A long-delayed report released by the Commerce Department on Friday showed consumer pr ...Full Story»

Spain Industrial Output Growth Eases To 1.2% (05 hr(s), 12 min(s), 59 sec(s) ago)
(RTTNews) - Spain's industrial production grew at the slowest pace in six months in October, t ...Full Story»

Slovenian Trade Deficit Narrows Sharply In October (06 hr(s), 12 min(s), 59 sec(s) ago)
(RTTNews) - Slovenia's foreign trade deficit decreased significantly in October from a year ag ...Full Story»

India Cuts Key Rates By 25 Bps (06 hr(s), 13 min(s), 59 sec(s) ago)
(RTTNews) - Added content The Reserve Bank of India lowered its key interest rates on Friday ...Full Story»

French Trade Gap Narrows In October (06 hr(s), 43 min(s), 59 sec(s) ago)
(RTTNews) - France's foreign trade deficit decreased in October as imports fell faster than ex ...Full Story»

French Industrial Output Growth Moderates (07 hr(s), 09 min(s), 59 sec(s) ago)
(RTTNews) - France industrial production grew at a slower pace in October as weak machinery and eq ...Full Story»

Slovakia Q3 GDP Growth Confirmed At 0.9% (07 hr(s), 13 min(s), 59 sec(s) ago)
(RTTNews) - Slovakia's economic growth accelerated as initially estimated in the third quarter ...Full Story»