In September, Norway experienced a significant drop in food prices, marking the largest decrease recorded for this month since 1979, according to Statistics Norway (SSB).

Food prices fell by 2.2% from August to September, with notable declines in fish and seafood, vegetables, and meat.

Despite this drop, food prices remain 3.8% higher than the same time last year.

The decrease in food prices is attributed to various factors, including promotional campaigns and improved supply conditions.

However, the overall inflation rate in Norway was still 3% higher than a year ago, driven by increased electricity prices.

While food prices helped ease inflation, the Norwegian central bank is not expected to cut interest rates until next summer, as core inflation remains above the target.

The recent trends suggest a gradual easing of inflationary pressures, offering some relief to consumers.