New data Inflation Rate MoM (Feb)
3/10/2025
actual 1.4, previous 0.2
The event is the "Inflation Rate MoM (Month-over-Month)" for February in Norway (NO) with the currency being Norwegian Krone (NOK). The actual inflation rate reported is 1.4%, which is higher than the previous month's rate of 0.2%. The estimated inflation rate was 0.6%, so the actual figure exceeded expectations.This event is considered to have a low impact on the market, as the change in the inflation rate is relatively small. However, the higher-than-expected inflation rate of 1.4% could potentially influence market sentiment towards the Norwegian economy and the NOK currency.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
