YoY Change in Consumer Price Index (CPI) in Norway
Norway| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-on-year Consumer Price Index (CPI) in Norway measures the percentage change in prices of goods and services purchased by consumers compared to the same month of the previous year. This data is published monthly by Statistics Norway and is crucial for evaluating inflation trends.
Year-on-year CPI data helps assess the extent of inflation. 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.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
