FOREX TradingCharts.com

Financial News: Norway's Inflation Accelerates In August

Norway's Inflation Accelerates In August

09/10/2020 - 06:55:00 (RTTNews)

(RTTNews) - Norway's consumer price inflation accelerated as expected in August, figures from Statistics Norway revealed Thursday.

Consumer price inflation rose to 1.7 percent in August from 1.3 percent in July. The rate came in line with expectations.

Core inflation also advanced in August, to 3.7 percent from 3.5 percent in the previous month.

Prices of food and non-alcoholic beverages advanced 3.7 percent and that of alcoholic beverages and tobacco gained 2.9 percent. Clothing and footwear prices rose only 0.2 percent.

Meanwhile, housing and other utility costs dropped 4.1 percent.

Data showed that EU harmonized inflation increased to 1.6 percent from 1.4 percent in July. At the same time, the harmonized index of consumer prices fell 0.5 percent on month in August.

Another report from the statistical office showed that producer prices continued to fall in August. Producer prices fell 12.1 percent annually following a 13.3 percent decrease in July. Prices have been falling since June 2019.

Driven by increasing energy goods prices, producer prices advanced 1.2 percent on month after staying flat in July.

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


U.S. Leading Economic Index Suggests Rebound May Be Losing Stream (01 hr(s), 55 min(s), 35 sec(s) ago)
(RTTNews) - A report released by the Conference Board showed a continued increase by its reading o ...Full Story»

U.S. Consumer Sentiment Improves Much More Than Expected In September (02 hr(s), 08 min(s), 35 sec(s) ago)
(RTTNews) - After reporting an unexpected increase in U.S. consumer sentiment in the previous mont ...Full Story»

Italy Current Account Surplus Rises For First Time Since April (02 hr(s), 37 min(s), 35 sec(s) ago)
(RTTNews) - Italy's current account surplus increased for the first time in four months in Jul ...Full Story»

Croatia Jobless Rate Steady At 9% In August (03 hr(s), 08 min(s), 35 sec(s) ago)
(RTTNews) - Croatia's unemployment rate remained unchanged in August after easing in the previ ...Full Story»

Poland's Industrial Output Rises Less Than Expected (03 hr(s), 58 min(s), 35 sec(s) ago)
(RTTNews) - Poland's industrial production grew less than expected in August, data from Statis ...Full Story»

Russia's Central Bank Keeps Rate On Hold (05 hr(s), 21 min(s), 35 sec(s) ago)
(RTTNews) - Russia's central bank left its key interest rate unchanged at a record low as wide ...Full Story»

Italy's Industrial Orders Rise In July (06 hr(s), 33 min(s), 35 sec(s) ago)
(RTTNews) - Italy's industrial orders and turnover increased for the third consecutive month i ...Full Story»

Eurozone Current Account Surplus Falls In July (06 hr(s), 47 min(s), 35 sec(s) ago)
(RTTNews) - The euro area current account surplus declined in July due to a fall in primary income ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Leading Economic Index Suggests Rebound May Be Losing Stream

09/18/2020 - 10:27 AM (RTTNews)
(RTTNews) - A report released by the Conference Board showed a continued increase by its reading o ...Full Story>>

U.S. Consumer Sentiment Improves Much More Than Expected In September

09/18/2020 - 10:14 AM (RTTNews)
(RTTNews) - After reporting an unexpected increase in U.S. consumer sentiment in the previous mont ...Full Story>>

Italy Current Account Surplus Rises For First Time Since April

09/18/2020 - 09:45 AM (RTTNews)
(RTTNews) - Italy's current account surplus increased for the first time in four months in Jul ...Full Story>>

Croatia Jobless Rate Steady At 9% In August

09/18/2020 - 09:14 AM (RTTNews)
(RTTNews) - Croatia's unemployment rate remained unchanged in August after easing in the previ ...Full Story>>

Poland's Industrial Output Rises Less Than Expected

09/18/2020 - 08:24 AM (RTTNews)
(RTTNews) - Poland's industrial production grew less than expected in August, data from Statis ...Full Story>>

Do not sell my personal information

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.