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%. 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.