Inflation Rate MoM

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 accelerated on a monthly basis for June 2017 by 100% when compared to previous month’s value. Results were reported at 0.4%, higher than previous month’s value of 0.2% and beat expectations of 0.4%. Inflation Rate MoM in Norwaypeaked at an all-time high point of5.45% in January of 1970and hit rock-bottom at-1.72% in March of 1959.