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Clothing and footwear behind fall in HICP
statistikk
2008-02-11T10:00:00.000Z
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, January 2008

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Clothing and footwear behind fall in HICP

The harmonized index of consumer prices (HICP) for Norway fell by 0.4 per cent from December 2007 to January 2008. The decrease was mainly due to falling prices of clothing and footwear, as a result of seasonal sales.

Harmonized index of consumer prices

Higher prices of electricity and vehicles contributed in the opposite direction.

The HICP for Norway was 104.6 (2005=100) in January 2008, compared with 101.7 in January 2007. The year-to-year growth was 2.9 per cent in January 2008, compared with 1.9 per cent in December 2007.

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

EEA, EU and euro area

The HICP in December 2007 for the EEA and EU stood at 106.5, compared with 106.2 in the euro area. The year-to-year growth in December was 3.2 per cent for the EEA and the EU and 3.1 per cent for the euro area. Eurostat's flash estimate for the year-to-year growth in the HICP for the euro area is 3.2 per cent for January 2008.

Harmonized indices of consumer prices for Norway and other selected countries. Change in per cent
 
 November 2006-
November 2007		December 2006-
December 2007		January 2007-
January 2008
 
Norway1.01.912.9
Iceland2.83.5 
Sweden2.42.5 
Denmark2.52.4 
Finland2.21.9 
Germany3.33.1 
UK2.12.1 
EEA3.113.2 
EU3.113.2 
Euro-area3.113.1 
 
1 Provisional or preliminary figures.
Source:  Statistics Norway and EUROSTAT.