Norway's Jan core inflation jumps more than expected

Kitco Media
By Reuters
Published:
Updated:
Reuters
OSLO, Feb 10 (Reuters) - Norway's core inflation rate jumped in January to its highest level on record, Statistics Norway data showed on Friday, increasing the probability that interest rates will continue to rise. Core inflation, which strips out changing energy prices and taxes, rose 6.4% year-on-year, exceeding the central bank's 5.9% expectation for January as well as the 6.1% average prediction among analysts polled by Reuters. (Reporting by Terje Solsvik, editing by Essi Lehto)

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