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Norway's Inflation Hits 3.6% as Rates Drop to 4%

10/11/2025

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Summary

Story summary

Norway's annual inflation rose to 3.6% in September 2025, from 3.5% in August, driven by higher prices for food and non-alcoholic beverages.
The Consumer Price Index rose 0.4% month over month, exceeding expectations.
Core inflation, excluding energy, eased to 3.0% in September 2025 from 3.1% in August.
Norges Bank cut its policy rate to 4.00% in September 2025, and its next policy announcement is scheduled for November 6, 2025.

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Story summary

Norway's annual inflation rose to 3.6% in September 2025, from 3.5% in August, driven by higher prices for food and non-alcoholic beverages.
The Consumer Price Index rose 0.4% month over month, exceeding expectations.
Core inflation, excluding energy, eased to 3.0% in September 2025 from 3.1% in August.
Norges Bank cut its policy rate to 4.00% in September 2025, and its next policy announcement is scheduled for November 6, 2025.