Norway's annual CPI up 5.5 pct, statistics reveal

OSLO, Jan. 10 (Xinhua) -- Norway's consumer price index (CPI), a crucial measure of inflation, surged by 5.5 percent in 2023 compared to the previous year. This increase was primarily fueled by significant hikes in food prices, Statistics Norway (SSB) said on Wednesday.

Prices for food and non-alcoholic beverages increased by 10 percent. Throughout 2023, all food categories experienced a price jump, with fruits and vegetables leading the way, rising by 13.6 and 13.3 percent respectively. Even traditionally less volatile categories like milk, cheese, and eggs saw a notable increase of 7.6 percent. The escalation in food prices marked the most significant annual growth for this sector since 1982.