Norway’s Core Inflation Eases to 2.7% in October, Reducing Rate Hike Pressure
Core inflation in Norway, which excludes energy prices, eased to 2.7 percent in October from 3.0 percent in September.
BusinessCore inflation in Norway, which excludes energy prices, eased to 2.7 percent in October from 3.0 percent in September.
BusinessThe Norwegian central bank, Norges Bank, wants to continue tightening the Norwegian economy. The interest rate remains unchanged at 4.50 percent. The message was in line with market expectations, according to a compilation by Bloomberg.
BusinessThe Norwegian oil fund, one of the world's largest stockholders, has decided to dump its holding in the Israeli telecom company Bezeq. The fund's ethics council sees a risk that the company contributes to crimes and serious violations of human rights.
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