11 December 2023 at 08:00 Prices have risen by 4.8 per cent in the past year Prices have increased by 4.8 per cent in the past year. New figures from Statistics Norway’s consumer price index show that. This is the last release of inflation figures before Norges Bank sets the key interest rate again, later this week. Major changes in prices can lead to changes in the interest rate. Chief economist Harald Magnus Andreassen at Sparebank 1 Markets points out that the figure is low enough for Norges Bank to keep interest rates steady in December. – Even if the number is higher than they had hoped for, he says to news. Norges Bank has raised interest rates sharply over the past two years in order to push price growth in society down to 2 per cent. Figures from Statistics Norway show, among other things, that the prices of food and non-alcoholic beverages have increased by 9.1 per cent in the past year. Read more here:
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Prices have risen by 4.8 per cent in the past year – Latest news – news
