Annual inflation in Denmark came at 8.7% last month — rising at the fastest pace since 1983 — while the figure in neighboring Norway reached 6.8%, authorities said Wednesday, the Associated Press reported. Statistics Denmark said the price of goods has increased by an average of 13.2% in the past year, the highest annual increase since February 1982, when the annual increase was the same. Within the goods category, it is to a very large extent price increases on food, electricity, fuel and gas.
Norway’s new center-left Cabinet has taken office after the incoming prime minister presented a center-left minority government Thursday, a day after a deadly bow-and-arrow attack in a small town, the Associated Press reported. Prime Minister Jonas Gahr Stoere, the leader of Norway’s center-left Labor Party, stood outside the royal palace with his 19-member team — 10 women and nine men — that includes the leader of the euroskeptic Center Party, Trygve Slagsvold Vedum, who becomes finance minister.