Norwegian Core Inflation Rate YoY (Mar) Y/Y 3.0% vs. Exp. 3.2% (Prev. 3%)
The Norwegian core inflation rate came in at 3.0% year-on-year for March, slightly missing expectations of 3.2%, but marking an increase from the previous 3%.
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Iranian media reports of intense activity of hostile drones in Iranian cities Tehran, Parachin, Tabriz, and other cities
Norwegian Core Inflation Rate YoY (Mar) Y/Y 3.0% vs. Exp. 3.2% (Prev. 3%)
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This softer read might provide some leeway for Norges Bank in terms of future rate hikes, suggesting a potential easing in tightening pace, which could impact the NOK and cross-border forecasts in the region.
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