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32038
Harmonized index down 0.5 per cent
statistikk
2003-06-10T10:00:00.000Z
Prices and price indices;Income and consumption
en
hkpi, Harmonized index of consumer prices, HCPI, inflation, EU countries, EEA countries, price trends, price increases, product groups (for example food, housing, transport), service groups (for example telecom services, hotels and restaurants)Consumption, Consumer prices , Income and consumption, Prices and price indices
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Harmonized index of consumer prices, 15 May 2003

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Harmonized index down 0.5 per cent

The harmonized index of consumer prices (HICP) for Norway was 115.8 (1996=100) in May, down 0.5 per cent from April. HICP for Norway rose by 1.8 per cent from May 2002 to May 2003. The year-to-year growth in the EEA was 1.9 per cent in April.

HICP for Norway fell by 0.5 per cent from March to April mainly due to the price development of energy products. The year-to-year change was 1.8 per cent in May, down from 2.5 per cent in April. See http://www.ssb.no/english/kpi_en/ for more details.

Harmonized index of consumer prices

Year-to-year change in the EEA

From April 2002 to April 2003 the consumer prices in the EEA went up 1.9 per cent. Ireland had the highest growth of 4.6 per cent. The lowest consumer price growth in April was registered in Germany by 1.0 per cent.

During the last 12 months household payments for education had the largest growth rates in the EEA of 5.4 per cent from April 2002 to April 2003. Prices of alcoholic beverages and tobacco rose, in the same period of time, by 5.3 per cent. The tobacco prices rose more than the prices of alcoholic beverages. Ireland and Iceland had the highest growth with 10.0 and 9.7 per cent respectively.

The prices within the transport sector decreased on average by 0.4 per cent from April last year to April this year in the EEA countries. Greece had the largest drop in the prices by 6.0 per cent.

In advance, Eurostat estimated the year-to-year change in April in the Euro-zone to 2.1 per cent, which turned out to be the actual price growth. Expected growth in the consumer prices in the Euro-zone in May is 1.9 per cent. The HICP for the European Union increased by 1.9 per cent in April.

Harmonized Indices of Consumer Prices for Norway and
other selected countries. Change in per cent
  March 2002-March 2003 April 2002-April 2003 May 2002- May 2003
Norway 3.2 2.5 1.8*
Iceland 1.9 1.9  
Sweden 2.9 2.3  
Denmark 2.8 2.5  
Finland 1.9 1.3  
Germany 1.2 1.0  
UK 1.6 ...  
EEA 2.3 1.9*  
EU 2.3 1.9*  
Euro-zone 2.4 2.1*  
US1 3.0 ...  
Japan1 -0.1 ...  
1  National CPI.
Source:  Source: Statistics Norway and EUROSTAT.