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Published:
This is an archived release.
Price rise for freight transport by road
Prices of freight transport by road in Norway increased by 2.2 per cent from the first quarter of 2008 to the second quarter of 2008. A matching growth in price is also observed in the sub indices.
The index shows the price development for freight transport by road as a whole, as well as for six different freight types. The industry as a whole has experienced a 2.2 per cent price hike in the second quarter of 2008. This significant growth is attributable to all sub-indices growing by about 2 per cent except the index for other transportation in special vehicles which has grown by 1.2 per cent. The index for transport of frozenf or refrigerated goods is the sub index that has grown the most with 3.4 per cent.
The annual percentage price change from the second quarter of 2007 to the second quarter of 2008 for the industry as a whole at 8.2 per cent is highest since 2004. Compared to the corresponding quarter in the previous year, the transport index for petroleum products is the sub-index with the highest annual price rise. This sub-index increased by 13.5 per cent, while the rest of the sub-indices grew by 7-9 per cent.
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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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Statistics Norway's Information Centre
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