Norway Core Inflation Quickens for First Time in Four Months

Norway’s underlying inflation rate rose for the first time in four months, largely matching expectations and cementing the central bank’s outlook for more easing after the summer.

Underlying consumer-price growth excluding energy accelerated to 3.1% last month, according to data from the statistics office on Thursday. Economists surveyed by Bloomberg had a median forecast of 3.0%, while Norges Bank projected a 3.1% gain.