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Weekly Bulletin issue no. 28-29, 1998 Price Index of First-hand Domestic Transactions as per 15 June 1998:

Price Index of First-hand Domestic Transactions as per 15 June 1998:

Reduced fuel prices

The price index of first-hand domestic transactions declined by 0.2 percent from May to June. Reduced prices on fuels and fuel oil were the most important factors behind this trend. From June 1997 to June 1998 the prices rose by 0.4 percent (the 12-month growth rate), after an 0.8 percent 12-month growth rate in May.
The strongest contribution to the reduction in the total index came from the group fuels, fuel oil and electrical power, which fell by 1.7 percent. The price drop on oil and oil products was the most important individual component. The 12-month change for this group in June amounted to a decrease of 5.1 percent, after a fall of 3.9 percent in May.

The group foods and live animals also underwent a slight price decrease of 0.1 percent in June after an increase of 0.6 percent in the previous period. This was due to lower prices on coffee and grains and grain products. The 12-month growth rate for this group was 1.5 percent, somewhat lower than in May when it was 2.0 percent. In the group, different finished products an increase of 0.5 percent was registered after a growth of 0.8 percent in May. From June last year to June this year the growth rate was 2.1 percent compared with 1.9 percent in the previous period.

New Statistics

Price Index of First-hand Domestic Transactions as per 15 June 1998.
The statistics are published monthly in the Weekly Bulletin of Statistics. For more information and e-mail, contact: erik.skauen@ssb.no, tel. +47 21 09 48 91.

Weekly Bulletin issue no. 28-29, 1998