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12258
Higher energy prices contributed to increase in HICP
statistikk
2007-12-10T10:00:00.000Z
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, November 2007

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Higher energy prices contributed to increase in HICP

The harmonized index of consumer prices (HICP) for Norway showed a change of 1.11 per cent from October to November 2007. On the year-to-year basis, the index increased by 1.0 per cent.

Harmonized index of consumer prices

The HICP for Norway was registered at 104.6 (2005=100) in November 2007, which is equivalent with a 1.0 per cent increase compared with October 2007. The main contributor for this increase was higher prices for electricity and fuels. Moreover, the prices for food and clothing attributed to the upside. The prices for air travel and telecom services were the main contributors on the negative side.

On the year-to-year basis, there was registered an increase in the HICP of approximately 1.0 per cent, compared with a 0.3 per cent reduction over the last twelve months in October.

See http://www.ssb.no/kpi_en/ for more details.

EEA, EU and euro-area

The HICP in October 2007 for the EEA and EU was 105.5, while for the euro-area it stood at 105.2. The year-to-year growth in October was 2.6 per cent for the EEA and 2.7 for the EU. The euro-area had a growth of 2.6 per cent. Eurostat's flash estimate for the year-to-year growth in the HICP for the euro-area is 3.0 per cent for November 2007.

Harmonized indices of consumer prices for Norway and other selected countries. Change in per cent
 
 September 2006-
September 2007		October 2006-
October 2007		November 2006-
November 2007
 
Norway-0.3-0.311.0
Iceland2.12.3 
Sweden1.61.9 
Denmark1.21.8 
Finland1.71.8 
Germany2.72.7 
UK1.82.1 
EEA2.212.6 
EU2.212.7 
Euro-area2.112.6 
 
1 Provisional or preliminary figures.
Source:  Statistics Norway and EUROSTAT.
1Corrected 10.01.2008.