Inflation falls to 9.3 percent in October, according to the CPIF measure. In September, inflation was 9.7 percent, according to Statistics Norway.
The monthly change from September to October was at the same time minus 0.1 percent.
“Electricity prices go down in October, but they are still higher than last year,” says Sofie Öhman, price statistician at Statistics Sweden, in a press release.
– A step in the right direction, but not time to breathe, says savings economist Frida Bratt.
Large parts of the private economy have become dependent on the weather, Bratt continues.
See the analysis of the inflation statement in the player above.