Inflation in Norway has reached the highest level in last 34 years

15:53 - 10.08.2022


August 10, Fineko/abc.az. Prices for goods and services in Norway have increased by an average of 6.8% over the past 12 months, which was the highest since 1988.

ABC.AZ reports with reference to the Norwegian Statistical Office that inflation in July reached 6.8%, which is the highest level since 1988.

About 6.3% of economists took part in the Bloomberg survey.

The Central Bank is expected to raise interest rates by 50 basis points next week.

According to data published today, inflation in Denmark rose from 8.2% to 8.7%, reaching the highest level since 1983.

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