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Car rental more expensive for tourists in 2007
statistikk
2007-11-28T10:00:00.000Z
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, Q3 2007

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Car rental more expensive for tourists in 2007

Prices for car rental were 0.6 per cent higher in the third quarter of 2007, compared with the same quarter in the previous year. Foreign tourists were most affected by the increase.

Car rental, price index. 2005=100

The total index for car rental prices consists of three sub indices which give a differentiated perspective on the price development. Private households could enjoy a 2,3 per cent price drop compared with the third quarter of 2006. For public and private establishments, only minor price changes were registered. Foreign tourists visiting Norway in July through September 2007 did however pay prices 2.5 per cent higher than in the same period of 2006. The establishments made up the largest share of customers, accounting for 60 per cent of the industry turnover. Private households and foreign tourists represented 18 and 22 per cent respectively.

Car rental , price index 1st quarter 2004-3rd quarter 2007. 2005=100
Period Prices Sub indices
Total index Changes from
same quarter in
the previous year,
per cent 		Foreign tourists Private households Private and
public businesses
2004          
1. quarter  102.0    113.0 94.4  102.4
2. quarter  102.0    105.0 96.7  102.8
3. quarter  104.1    106.1  105.7  103.3
4. quarter  100.9   99.8 96.1  101.7
           
2005          
1. quarter  100.7 -1.3  106.9 95.9  100.8
2. quarter  100.2 -1.8  100.7  100.4 99.6
3. quarter  100.8 -3.1 98.7  103.0  101.5
4. quarter 98.3 -2.6 93.8  100.7 98.1
           
2006          
1. quarter 98.0 -2.6 97.3 91.7 99.0
2. quarter  102.2 2.0 98.2  101.0  103.1
3. quarter  101.4 0.6 96.3  112.5  100.7
4. quarter 99.6 1.3 97.2  102.4 99.0
           
2007          
1. quarter1 98.3 0.2 97.5  100.2 97.8
2. quarter1 99.8 -2.3 99.4  102.3 99.2
3. quarter  102.0 0.6 98.6  109.8  100.9
1  Previously published values have been edited based on new information from respondents.

About the car rental industry

The car rental industry consisted of 438 businesses in 2005. These businesses employed 1 006 persons and had a turnover of almost NOK 2.2 billion, according to figures from Statistics 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.