Norway's consumer price inflation increased in December after easing in the previous two months, data from Statistics Norway showed on Friday.
The consumer price index rose 3.2 percent year-over-year in December, faster than the 3.0 percent gain in November. This was the highest inflation in three months. Meanwhile, economists had expected inflation to remain stable at 3.0 percent.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.