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Published:
This is an archived release.
Prices rose less than 1 per cent
Prices of freight transport by road in Norway increased by 0.9 per cent from the third to the fourth quarter of 2007. This is the lowest quarterly growth rate since the first quarter of 2006.
The index shows the price development for freight transport by road as a whole and for six different freight types. The industry as a whole experienced an increase in prices of 0.9 per cent in the fourth quarter of 2007. This is the lowest quarterly growth rate since the first quarter of 2006, and is mainly attributable to the low increase in the sub-index for “mixed goods/container goods”, which increased by 0.6 per cent from the third quarter to the fourth quarter of 2007. This is the lowest rate for this sub-index since the first quarter of 2006. The majority of the sub-indices increased by around 1 per cent, but “other liquids or gases in bulk” and “petroleum products” had an increase of 1.4 and 1.8 per cent respectively.
The combined annual price change from the fourth quarter of 2006 to the fourth quarter of 2007 for freight transport by road as a whole was 6.0 per cent. Compared with the corresponding quarter in the previous year, “mixed goods/container goods” and “other liquids and gases in bulk” increased by 7.1 and 6.8 per cent respectively.
The sub-indices show the price development for transportation of the following products: Frozen or refrigerated goods, petroleum products, other liquids or gases in bulk, mixed goods/container goods, dry goods in bulk and other transportation in special vehicles. The sub-indices are weighted together in the main index using the industry turnover distributed by freight types as weights. “Mixed goods/container goods” is the largest freight type in terms of turnover, and accounts for 45 per cent of the total industry turnover. “Other liquids or gases in bulk” is the smallest freight type with 2.4 per cent of the total turnover. |
Tables:
The statistics is published with Producer price indices for services.
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