Food prices rose 1 per cent in April
Increased food prices led the consumer price index to rise 0.4 per cent from March to April 2020. Fall in electricity prices pulled down the Consumer Price Index (CPI).
Food prices rose 1 per cent during this period, according to Statistics Norway (SSB).
Fruit and vegetable prices in particular went up by 4.7 and 5.9 per cent respectively. Some of the rise in food prices is due to the weak krone.
A further fall in electricity prices slowed down the CPI. From March to April, electricity from the grid had a price drop of 8.3 per cent.
The CPI rose 0.8 per cent from April 2019 to April this year, while core inflation (CPI-ATE) rose 2.8 per cent in the same period.
© NTB Scanpix / #Norway Today
