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Norway CPI (Y/Y) Oct: 3.6% (est 3.7%; prev 3.4%)
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Norway’s October consumer price index rose 3.6% year over year, undershooting the 3.7% estimate but accelerating from 3.4% in September, while the monthly CPI print slowed to 0.3% from 0.5%. The hotter annual reading keeps underlying inflation pressure in focus for Norges Bank as it weighs the policy path. Traders will watch upcoming core inflation data and the central bank’s guidance for signals on rates.
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