Inflation jump in Norway, Denmark adds woes for Nordic economies

Nordic inflation developments worsened the risk of the region’s looming recession as consumer price growth in Norway and Denmark hit levels not seen in decades.
Inflation has kept increasing in the Nordic countries. | Photo: Monstera @ Pexels.com
Inflation has kept increasing in the Nordic countries. | Photo: Monstera @ Pexels.com
By Ott Ummelas / BLOOMBERG

Norway’s inflation unexpectedly accelerated to 7.5% in October, the fastest pace since 1987, while economists in a Bloomberg survey had expected an increase to 7.1%.

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