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53495
HICP fell 0.8 per cent
statistikk
2011-02-10T10:00:00.000Z
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 January 2011

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HICP fell 0.8 per cent

The harmonised index of consumer prices (HICP) for Norway decreased by 0.8 per cent from December 2010 to January 2011. Lower prices of clothing made the largest contribution to the fall, while prices of alcohol and tobacco increased the most.

Harmonised index of consumer prices

The HICP for Norway was 112.4 (2005=100) in January 2011, compared to 110.2 in January 2010. The year-to-year growth was 2.0 per cent in January 2011, down 0.7 percentage points from December.

See the consumer price index for more details.

EU, EEA and the euro area

Preliminary data for December 2010 shows that the HICP for both the EU and the EEA was 113.3, while the HICP for the euro area was 111.3. The year-to-year growth in the HICP in December was 2.6 per cent for both the EEA and the EU, and 2.2 per cent for the euro area. In the euro area, the year-to-year growth for January 2011 is estimated at 2.4 per cent.

Detailed figures for January will be published on Eurostat’s home pages on 28 February.

Harmonised indices of consumer prices for Norway and other selected countries. Change in per cent
  November 2009-November 2010 December 2009-December 2010 January 2010-January 2011
Norway 1.5 2.7 12.0
Iceland 3.8 3.5  
Sweden 1.7 2.1  
Denmark 2.5 2.8  
Finland 2.4 2.8  
Germany 1.6 1.9  
UK 3.3 2:  
EEA 2.3 12.6  
EU 2.3 12.6  
Euro area 1.9 12.2 12.4
1  Provisional or preliminary figures.
2  Not available.
Source:  Statistics Norway and EUROSTAT.

New weights in HICP in 2011

As from the January index in 2011 a new weighting is applied to the harmonised index of consumer prices for Norway based on the national accounts' figures for household consumption. In the CPI December has replaced July as price reference month, now coinciding with the HICP. The selection of representative goods and services has at the same time been revised and updated. This is now almost identical to the selection in the CPI, with the exception of imputed rentals for housing (approximately 12 per cent of the CPI). Lotteries and gambling, life insurance and financial intermediation services indirectly measured (FISIM) are also excluded from the HICP (approximately 5 per cent of the CPI). Read more here .