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Core Inflation Rate

Inflation measures the pricing levels in goods and services. Inflation happens when prices rise, whereas purchasing value falls, put simpler, when too much money is chasing too few products.

 Norwegian Consumer Price Index

Norwegian Consumer Price Index dropped on a yearly basis for June 2017 by 9.52% when compared to previous month’s value. Results were reported at 1.9%, dropping from previous month’s value of 2.1% and beating expectations of 1.7%. Inflation Rate in Norwaypeaked at an all-time high point of18.90% in June of 1951and hit rock-bottom at-1.80% in January of 2004.