Norway: Inflation ticks up in April
May 11, 2020
Consumer prices increased 0.45% in April, following March’s flat reading. The print was primarily due to higher prices for food and non-alcoholic beverages, and furniture and household operations.
Inflation edged up to 0.8% in April from 0.7% in March, consequently remaining below the Norges Bank’s 2.0% target rate. Meanwhile, average inflation ticked down from 1.7% in March to 1.5% in April.