Norway Inflation Accelerates For Second Month
10 Agosto 2018 - 3:38AM
RTTF2
Norway's consumer price inflation accelerated for the second
straight month in July, figures from Statistics Norway showed
Friday.
Consumer prices climbed 3.0 percent year-over-year in July,
faster than the 2.6 percent rise in June. Meanwhile, economists had
expected the inflation to remain stable at 2.6 percent.
Moreover, this was the highest inflation since December 2016,
when prices had grown 3.5 percent.
Utility costs grew 6.4 percent annually in June and transport
charges rose by 3.6 percent.
On a monthly basis, consumer prices increased 0.7 percent in
July versus the expected rise of 0.3 percent.
Another report from the statistical office showed that producer
price inflation quickened to 22.6 percent in July from 20.0 percent
in June. Monthly, producer prices went up 1.1 percent.
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