inflation in the kingdom reached a maximum in 34 years — EADaily, August 10, 2022 — Economic news, Europe News


Prices for goods and services in Norway have increased by an average of 6.8% over the past 12 months. According to the Kingdom’s Central Bureau of Statistics, this was the highest figure since 1988.

According to a department spokesman Espen Christiansenthe main driver of inflation was the “historical” increase in prices for food and non-alcoholic beverages.

“We have never experienced such a rise in food prices in one month before,” Christiansen noted.

From June to July, this group of goods increased in price by 7.6%, which is 3.45 times higher than in the same period in 2021.

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