CPI up 1.4 per cent last 12 months

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The Consumer Price Index (CPI) increased by 1.4 per cent from December 2018 to December 2019, while the CPI-ATE growth was 1.8 per cent in the same period. 

Written by: Kristian H. Myklatun

From November 2019 to December 2019 the CPI decreased by 0.3 per cent, while the CPI-ATE decreased by 0.2 per cent.

Figure 1. 12-month rate, CPI and CPI-ATE

CPI CPI-ATE
Dec. 2017 1.6 1.4
Jan. 2018 1.6 1.1
Feb. 2018 2.2 1.4
Mar. 2018 2.2 1.2
Apr. 2018 2.4 1.3
May 2018 2.3 1.2
June 2018 2.6 1.1
July 2018 3 1.4
Aug. 2018 3.4 1.9
Sep. 2018 3.4 1.9
Oct. 2018 3.1 1.6
Nov. 2018 3.5 2.2
Dec. 2018 3.5 2.1
Jan. 2019 3.1 2.1
Feb. 2019 3 2.6
Mar. 2019 2.9 2.7
Apr. 2019 2.9 2.6
May 2019 2.5 2.3
June 2019 1.9 2.3
July 2019 1.9 2.2
Aug. 2019 1.6 2.1
Sep. 2019 1.5 2.2
Oct. 2019 1.8 2.2
Nov. 2019 1.6 2
Dec. 2019 1.4 1.8

Figure 2. Monthly change in per cent. CPI, CPI-ATE, CPI by divisons

November 2019 - December 2019 November 2018 - December 2018
Miscellaneous goods and services 0 0.1
Restaurants and hotels -0.3 0.1
Education 0 0
Recreation and culture 0.1 0.4
Communications 0.1 -0.1
Transport 0.1 -0.4
Health -0.4 0
Furnishings, household equipment and routine maintenance 0.6 1.8
Housing, water, electricity, gas and other fuels -0.3 0.7
Clothing and footwear -0.5 -0.5
Alcoholic beverages and tobacco -0.1 0
Food and non-alcoholic beverages -1.9 -2.3
CPI -ATE All-item index -0.2 0
CPI All-item index -0.3 0

Figure 3. 12-month rate. CPI, CPI-ATE, CPI by divisions. December 2018 - December 2019

December 2018 - December 2019
Miscellaneous goods and services 1.6
Restaurants and hotels 2.2
Education 3.5
Recreation and culture 2
Communications 6.2
Transport 2.3
Health 3
Furnishings, household equipment and routine maintenance 1.8
Housing, water, electricity, gas and other fuels 0.3
Clothing and footwear 0.6
Alcoholic beverages and tobacco 2.5
Food and non-alcoholic beverages -0.4
CPI -ATE All-item index 1.8
CPI All-item index 1.4

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