FX.co ★ Norway Sees Core Inflation Drop Sharply in November

In a surprising turn of events, core inflation in Norway experienced a significant decline in November, as revealed by the latest data updated on December 10, 2025. The core inflation rate has fallen to -0.3%, marking a sharp contrast from the 0.6% observed in October 2025. This decrease highlights a stark month-over-month reversal as the Norwegian economy navigates turbulent times.

The negative core inflation figure indicates a deflationary trend, as consumer prices, excluding volatile items such as food and energy, have decreased. This shift could potentially influence monetary policy decisions, as the central bank evaluates its approach to maintaining economic stability and promoting growth. Economists and policymakers will be watching closely to determine whether this downturn is a temporary blip or indicative of longer-term deflationary pressures within the Norwegian economy.

This unexpected drop in core inflation numbers underscores the importance of adaptive economic strategies in the coming months. As Norway contends with both domestic and international economic pressures, the focus will likely intensify on measures that can support consumer confidence, spending, and overall economic health. The unfolding situation will be critical for investors, businesses, and policymakers alike as they adjust to the latest trends in Norway's economic landscape.