FOREX TradingCharts.com

Financial News: Norway Inflation Lowest In 2 Years

Norway Inflation Lowest In 2 Years

01/10/2020 - 03:54:00 (RTTNews)

(RTTNews) - Norway's consumer price inflation eased for the second straight month in December to its lowest level in over two years, data from Statistics Norway showed on Friday.

The consumer price index climbed 1.4 percent annually in December, after a 1.6 percent increase in November. Economists had expected a rise of 1.5 percent.

The latest inflation was the lowest since November 2017, when it was 1.1 percent.

The core inflation rate slowed to 1.8 percent in December from 2.0 percent in the preceding month.

On a month-on-month basis, consumer prices fell 0.3 percent in December, reversing a 0.3 percent increase in the prior month. Economists had expected a 0.1 percent rise.

The core CPI edged down 0.2 percent in December.

Separate data from the statistical office showed that the producer prices declined 2.2 percent annually in December, following a 9.5 percent drop in November.

On a monthly basis, producer prices rose 4.1 percent in December, following a 1.7 percent increase in the preceding month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


IMF Lowers Global Growth Forecast As India Loses Steam (07 min(s), 42 sec(s) ago)
(RTTNews) - The International Monetary Fund on Monday cut the global growth forecasts for this yea ...Full Story»

German Economy Probably Stagnated In Q4 - Bundesbank (01 hr(s), 08 min(s), 42 sec(s) ago)
(RTTNews) - Germany's economy likely stagnated in the final three months of 2019, the Bundesba ...Full Story»

Moody's Lowers Hong Kong Credit Rating, Outlook (01 hr(s), 21 min(s), 42 sec(s) ago)
(RTTNews) - Moody's Investors Service lowered Hong Kong's credit rating and outlook on Mon ...Full Story»

Moody's: UK Credit Conditions To Remain Stable In 2020 (02 hr(s), 46 min(s), 42 sec(s) ago)
(RTTNews) - Credit quality of new securitisations and covered bonds in the UK will remain stable t ...Full Story»

Pressures On British Household Finances Ease: IHS Markit (03 hr(s), 11 min(s), 42 sec(s) ago)
(RTTNews) - Pressures on the UK household finances eased in January, a consumer survey from IHS Ma ...Full Story»

China Keeps Loan Prime Rates Unchanged (03 hr(s), 09 min(s), 42 sec(s) ago)
(RTTNews) - China kept its benchmark lending rates unchanged for the second straight month, as wid ...Full Story»

Norway Industrial Confidence Falls In Q4 (03 hr(s), 34 min(s), 42 sec(s) ago)
(RTTNews) - Norway industrial confidence decreased in the fourth quarter, data from Statistics Nor ...Full Story»

Hong Kong Jobless Rate Rises In December (03 hr(s), 58 min(s), 42 sec(s) ago)
(RTTNews) - Hong Kong's jobless rate rose marginally during the October to December period, da ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

IMF Lowers Global Growth Forecast As India Loses Steam

01/20/2020 - 10:07 AM (RTTNews)
(RTTNews) - The International Monetary Fund on Monday cut the global growth forecasts for this yea ...Full Story>>

German Economy Probably Stagnated In Q4 - Bundesbank

01/20/2020 - 09:06 AM (RTTNews)
(RTTNews) - Germany's economy likely stagnated in the final three months of 2019, the Bundesba ...Full Story>>

Moody's Lowers Hong Kong Credit Rating, Outlook

01/20/2020 - 08:53 AM (RTTNews)
(RTTNews) - Moody's Investors Service lowered Hong Kong's credit rating and outlook on Mon ...Full Story>>

Moody's: UK Credit Conditions To Remain Stable In 2020

01/20/2020 - 07:28 AM (RTTNews)
(RTTNews) - Credit quality of new securitisations and covered bonds in the UK will remain stable t ...Full Story>>

China Keeps Loan Prime Rates Unchanged

01/20/2020 - 07:05 AM (RTTNews)
(RTTNews) - China kept its benchmark lending rates unchanged for the second straight month, as wid ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.