Tag: interest rates

Inflation rate lands at 2.6 percent

Norway's state statistics bureau SSB reported Tuesday that prices in general are up 2.6 percent since September last year. Food prices, meanwhile, have risen...

No change in interest rates, for now

Norway's central bank (Norges Bank) announced on Thursday that it had decided keep its policy rate unchanged at 4.5 percent, and that it's likely...

Norwegians bemoan weak kroner

It's been costing Norwegians more than 14 of their kroner to buy just one British pound this week, more than NOK 12 to buy...

Weak krone keeps Norwegians home

More Norwegians will be competing with all the tourists pouring off cruiseships and flying in to Norway for holidays this summer. Norway's weak currency...

Lower inflation unlikely to lower interest rates

Norway's inflation rate dipped to 3.6 percent last month, but few economists think that's enough of a decline to prompt a reduction in Norwegian...

Weak ‘krone’ didn’t spur rate hike

Norway's central bank kept interest rates steady on Friday and several economists no longer think they'll be lowered later this year. Others think the...

Norway’s currency weakens again

UPDATED: The value of Norway's currency, the krone, fell once again at the end of the country's long Easter holiday. The latest decline came...

Housing market waits for rate relief

Homeowners trying to sell their homes may need to be even more patient, after Norway's central bank decided against lowering interest rates any time...

Inflation down but outlook unclear

Economists have been speculating for weeks over whether interest rates will rise or fall during the next several months. Norway's inflation rate has eased,...

Interest rates stable, for now

Norway's central bank opted against raising its key policy rate on Thursday, even though inflation is still high and the country's currency, the krone,...
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