A post by @FirstSquawk on X.

Norway’s underlying consumer price inflation slowed to 2.7% year over year, matching the 2.7% estimate and down from 3.0% previously. On a monthly basis, underlying CPI rose 0.3%, below the 0.4% forecast and above the prior 0.2%. The deceleration in core inflation signals easing underlying price pressures, which matters for the Norges Bank’s rate path and the krone. Traders will watch upcoming inflation prints and central bank commentary for confirmation that the slowdown is sustained.