Norway's consumer price inflation accelerated in July to the highest level in five months, while producer prices declined for the third successive month, separate reports from Statistics Norway showed on Monday.
The consumer price index registered an annual growth of 3.3 percent versus 3.0 percent in June.
Further, this was the highest inflation rate since February, when prices had risen 3.6 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.