Financial News: Norway Inflation Rises To 3.2% In December

Norway Inflation Rises To 3.2% In December

01/09/2026 - 04:14:00 (RTTNews)

(RTTNews) - Norway's consumer price inflation increased in December after easing in the previous two months, data from Statistics Norway showed on Friday.

The consumer price index rose 3.2 percent year-over-year in December, faster than the 3.0 percent gain in November. This was the highest inflation in three months. Meanwhile, economists had expected inflation to remain stable at 3.0 percent.

The annual price growth in food and non-alcoholic beverages accelerated to 5.2 percent from 4.7 percent. Similarly, inflation based on transportation rose to 2.7 percent from 2.2 percent. Costs for housing and utilities rose 3.9 percent versus 3.7 percent in November.

Core inflation, which excludes energy prices and tax changes, increased marginally to 3.1 percent in December from 3.0 percent in the previous month.

On a monthly basis, consumer prices edged up 0.1 percent in December, the same as in the previous two months.

Separate official data showed that producer prices plunged 11.1 percent annually in December, following a 9.0 percent decline in November. Costs in connection with extraction and related services fell sharply by 27.9 percent. Prices have been falling since March. Monthly, producer prices dropped 1.5 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Crude Oil Inventories Increase More Than Expected (37 min(s), 17 sec(s) ago)
(RTTNews) - After reporting a substantial increase in U.S. crude oil inventories in the previous w ...Full Story»

U.S. Services Index Jumps To Highest Level In Over Three Years (44 min(s), 17 sec(s) ago)
(RTTNews) - Service sector activity in the U.S. unexpectedly grew at a faster pace in the month of ...Full Story»

U.S. Private Sector Job Growth Exceeds Estimates In February (01 hr(s), 29 min(s), 17 sec(s) ago)
(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector employme ...Full Story»

Luxembourg Inflation Remains Stable At 1.3% (01 hr(s), 48 min(s), 17 sec(s) ago)
(RTTNews) - Consumer price inflation in Luxembourg held steady in February after easing to a 13-mo ...Full Story»

Hong Kong Retail Sales Growth Eases To 5.5% (02 hr(s), 32 min(s), 17 sec(s) ago)
(RTTNews) - Hong Kong's retail sales growth moderated in January to the lowest level in five m ...Full Story»

U.S. Private Sector Employment Climbs More Than Expected In February (02 hr(s), 53 min(s), 17 sec(s) ago)
(RTTNews) - A report released by payroll processor ADP on Wednesday showed private sector employme ...Full Story»

Irish Jobless Rate Remains Stable At 4.6% (02 hr(s), 58 min(s), 17 sec(s) ago)
(RTTNews) - Ireland's unemployment rate held steady for the third straight month in February, ...Full Story»

Italy Q4 GDP Growth Confirmed At 0.3%; Jobless Rate Hits Record Low (03 hr(s), 43 min(s), 17 sec(s) ago)
(RTTNews) - Italy's economy expanded for the second straight quarter as initially estimated ...Full Story»