Norway's April core inflation rises in line with expectations
Complete. Here is the key summaryNorway's annual core inflation rose to 3.2% in April, up from 3.0% in March, according to Statistics Norway data. This increase aligns with analysts' expectations and supports the possibility of further interest rate hikes this year.
OSLO, May 11 (Reuters) - Norway's annual core inflation rose in line with expectations in April, Statistics Norway (SSB) data showed on Monday, supporting expectations interest rates could increase further this year. Core inflation, which strips out changing energy prices and taxes, stood at 3.2% year-on-year, up from 3.0% in March and in line with the average forecast by analysts in a Reuters