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Core Inflation (MoM)

2020-02-10 15:00
NOK
  • -0.2
  • -0.6
  • 0.4
The Core Inflation released by the Statistics Norway is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services, excluding taxes and energy. The purchase power of Norwegian krone is dragged down by inflation. The Core CPI is a key indicator since it is used by the Central Bank to set interest rates. Generally speaking, a high reading is seen as positive (or bullish) for the Norwegian krone, while a low reading is seen as negative (or Bearish).

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