Muscat: Norway’s annual core inflation rate, excluding energy costs and taxes, decreased in May 2025, according to data released by Statistics Norway (SSB) today.

According to Oman News Agency, the rate fell to 2.8% year on year, a drop from the 3.0% recorded in April. This figure was also lower than the 2.9% that analysts had anticipated.

Accordingly, interest rates in Norway are expected to decrease during the coming months.