Norway's central bank is keeping its key interest rate at 4.5%, warning that inflation remains too high and further hikes may be needed to bring it back to the 2% target. Key data:
—. Annual inflation of the consumer price index: 3.4%.
—. Core index inflation (consumer price index): 3.0% Norges Bank warns that conflicts in the Middle East raise gas and electricity prices and increase the risks of inflation in Norway.