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Norwegian inflation higher than expected

NORWAY
  • Norwegian CPI marginally beats consensus for the headline, coming in at 1.3% Y/Y but sees a bigger beat for CPI-ATE which comes in at 3.5% Y/Y (3.1% had been expected).
  • EURNOK moved to its lows of the day on the release but has bounced back to be little changed on the day.

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