Norway's core inflation fell to a four-month low, increasing the possibility of further easing by the Central Bank.

Jin10 data reported on October 10th that, according to data released by Statistics Norway on Friday, Norway's potential inflation rate has fallen to its lowest level in four months, which may intensify market expectations for the Central Bank to maintain further easing options. The consumer price growth excluding energy slightly decreased from 3.1% to 3.0%, having remained at 3.1% since June. This data may alleviate concerns among Norwegian Central Bank officials about persistent price pressures and validate their decision last month to lower the key interest rate to 4%. However, the overall inflation rate still accelerated to 3.6%, the highest level in seven months, exceeding analysts' expectations of 3.5%. Nonetheless, the figure remains below the Norwegian Central Bank's forecast of 3.7%.