Norway's September core inflation lower than expected
Adds headline inflation, detail in paragraphs 3, 6, updates currency
OSLO, Oct 10 (Reuters) -Norway's annual core inflation rate eased unexpectedly in September, Statistics Norway (SSB) data showed on Thursday, supporting the central bank's view that interest rates may start to decline in the early part of next year.
Core inflation, which strips out changing energy prices and taxes, stood at 3.1% year on year, down from 3.2% in August and below the 3.3% expected on average by analysts in a Reuters poll.
The annual rate of core inflation has now declined for 11 consecutive months.
Norway's currency, the crown, weakened slightly to 11.78against the euro EURNOK= by 0607GMT, from 11.77 ahead of the data release.
Norges Bank, which targets inflation of 2.0%, last month kept interest rates on hold at a 16-year high and said it will likely begin easing policy in the first quarter of next year.
Headline inflation, which includes changes in energy costs and taxes, rose 3.0% year-on-year in September, against 2.6% in August. Analysts had expected the year-on-year rate to rise to 3.2% in September, driven by higher electricity costs.
Reporting by Terje Solsvik, editing by Anna Ringstrom
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