Norwegian Krone Jumps After Inflation Data

Apr 10,2019 14:32   Source:Earnforex
The Norwegian krone climbed today, reaching the highest level for the year against the euro. The reason for the sharp rise was the better-than-expected inflation print released during the trading session. Statistics Norway reported that the Consumer Price Index rose 2.9% in March from the same month a year ago. The core CPI rose 2.7%, beating the average forecast of 2.5%. Month-over-month, the CPI rose 0.2%, while the core CPI rose 0.3%. The positive inflation […]

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