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MoM Change in Consumer Price Index (CPI) in Norway

Country:
NOKNorway
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About MoM Change in Consumer Price Index (CPI) in Norway

The month-on-month Consumer Price Index (CPI) in Norway measures the percentage change in prices of goods and services purchased by consumers compared to the previous month. This data is published monthly by Statistics Norway and is crucial for evaluating inflation trends.

Month-on-month CPI data helps assess short-term inflationary trends. An increase in CPI indicates rising inflationary pressures, potentially reducing consumer purchasing power. Conversely, a decrease in CPI suggests deflationary risks, which could enhance consumer purchasing power.

This data serves as a vital reference for policymakers to evaluate inflation trends and formulate appropriate monetary policies. It is also an essential information source for businesses and investors to understand inflation trends and economic forecasts.

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