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13239
Car rental prices up
statistikk
2006-09-19T10:00:00.000Z
Prices and price indices;Establishments, enterprises and accounts
en
bilutleie, Car rental, price indexProducer and wholesale price indices, Establishments and enterprises , Prices and price indices, Establishments, enterprises and accounts
false

Car rental, price index, Q2 2006

Content

Published:

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Car rental prices up

From the second quarter of 2005 to the second quarter of 2006 the prices of car rental increased by 2.1 per cent. The index also shows an increase in prices from the last quarter.

The price increase is largest for rental to private and public enterprises. The total index consists of three sub-indices. All three, with the exception of one, does show an increase in prices from the second quarter of 2005 to the same quarter in 2006.

In the second quarter of 2006, the private and public enterprises constitute 71 per cent of the total turnover. Private households and foreign tourists constitute 18 and 11 per cent respectively.

Car rental , price index 1st quarter 2004-2nd quarter 2006.
2005=100
Periode Prices Sub-indices
     Total Index      Changes from
same quarter
last year.
Per cent 		     Foreign
tourists 		     Households/
     private persons 		     Private
     and public
businesses
2004  102.0    104.9 98.0  102.5
2005  100.0    100.0  100.0  100.0
           
2004          
1. quarter  101.7    111.8 94.2  102.3
2. quarter  101.7    103.9 96.4  102.7
3. quarter  103.7    105.0  105.5  103.2
4. quarter  100.7   98.7 95.8  101.7
           
2005          
1. quarter  100.4 -1.3  105.7 95.6  100.7
2. quarter 99.9 -1.7 99.7  100.2 99.5
3. quarter  101.6 -2.0  101.6  103.7  101.8
4. quarter 98.1 -2.6 93.0  100.4 98.0
           
2006          
1. quarter 97.8 -2.6 96.4 91.4 98.9
2. quarter  102.0 2.1 98.6  101.2  102.7
About the car rental industry

The car rental industry consisted of 438 businesses in 2004. These businesses employed 1021 persons and had a turnover of NOK 1.8 billion, according to figures from Statistic Norway’s structural statistics.

Data sources

Statistics Norway receives data from the four larges chains in the industry. Theses four chains are reporting data from a total of 350 businesses/offices.

Analysis

Three sub-indices are calculated. One index is calculated for foreign tourists, one for private households and one for private and public enterprises. These sub-indices are weighted together to a total index for car rental. The weights used are the income per type of customer from each of the chains in the quarter in question.

The price measured

The price measured is price per day of rental. The price includes possible extra charge for additional time/distance, insurance, possible airport tax or other extra costs. VAT, fuel costs and possible one way fee are not included.

Time of measurement

The statistics consists of all the transactions that the chains have carried through in the quarter in question.