Financial News: Norway Inflation Rises To 3-month High

Norway Inflation Rises To 3-month High

06/10/2025 - 03:26:00 (RTTNews)

(RTTNews) - Norway's consumer price inflation accelerated in May to the highest level in three months after easing in the previous two months, Statistics Norway reported Tuesday.

The consumer price index registered an annual growth of 3.0 percent versus 2.5 percent in April.

Prices for food and non-alcoholic beverages grew 5.3 percent from last year, and those for housing and utilities were 5.2 percent more expensive. Health costs increased 4.3 percent, while clothing and footwear prices droppd 1.8 percent.

Core inflation, which excludes energy prices and tax changes, moderated to 2.8 percent from 3.0 percent.

On a monthly basis, consumer prices moved up 0.4 percent in May, slower than the 0.7 percent gain in April.

Seprate official data showed that producer prices dropped 0.1 percent annually in May, reversing a 2.1 percent rise in April. Moreover, this was the first decline in seven months.

Prices for extraction and related services alone fell by 7.2 percent, and those for energy goods were 3.9 percent less expensive. Monthly, producer prices declined 3.0 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Producer Prices Slip 0.2% In May (02 hr(s), 56 min(s), 44 sec(s) ago)
(RTTNews) - Producer prices in Japan were down 0.2 percent on month in May, the Bank of Japan said ...Full Story»

Japan Producer Price Data Due On Wednesday (05 hr(s), 10 min(s), 44 sec(s) ago)
(RTTNews) - Japan will on Tuesday release May figures for producer prices, highlighting a light da ...Full Story»

South Africa Manufacturing Production Slumps In April (10 hr(s), 32 min(s), 44 sec(s) ago)
(RTTNews) - South Africa's manufacturing output sharply decreased in April mainly due to lower ...Full Story»

Slovakia Industrial Output Falls 0.4% (12 hr(s), 47 min(s), 44 sec(s) ago)
(RTTNews) - Slovakia's industrial production decreased in April after recovering in the previo ...Full Story»

Latvia Trade Gap Narrows In April (13 hr(s), 30 min(s), 44 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit decreased in April from a year ago, as exports grew ...Full Story»

Brazil Inflation Eases To 5.32% (13 hr(s), 54 min(s), 44 sec(s) ago)
(RTTNews) - Brazil's consumer price inflation eased in May to the lowest level in three months ...Full Story»

Eurozone Investor Confidence Strongest In A Year: Sentix (14 hr(s), 02 min(s), 44 sec(s) ago)
(RTTNews) - Euro area investor morale rose to the highest level in a year in June, driven by the e ...Full Story»

Austria Production Index Expands 3.7% (14 hr(s), 44 min(s), 44 sec(s) ago)
(RTTNews) - Austria's production index logged a faster increase in April, figures from Statist ...Full Story»