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HICP down 0.3 per cent
statistikk
2014-07-10T10:00:00.000Z
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, June 2014

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HICP down 0.3 per cent

The harmonized index of consumer prices (HICP) for Norway decreased 0.3 per cent from May to June 2014. Lower prices of furniture, food, airfares and electricity contributed to pulling the HICP down, while higher prices of telephone services pulled the HICP in the opposite direction.

Harmonized indices of consumer prices for Norway and other selected countries. Change in per cent1Published 10 July 2014
Harmonized indices of consumer prices, 12 month change
April 2014May 20141June 20141
1Values with an asterisk are provisional or preliminary.
Norway1.51.61.8
Iceland1.31.1...
Sweden0.30.1...
Denmark0.50.3...
Finland1.31.0...
Germany1.10.6...
United Kingdom1.8......
EEA0.80.6...
EU0.80.6...
Euro area0.70.50.5

Source: Statistics Norway

Figure 1. Harmonised index of consumer prices. Percentage change from the same month one year before

The HICP for Norway was 117.5 (2005=100) in June 2014, compared to 115.4 the same month in the previous year. The year-to-year growth was 1.8 per cent in June, up 0.2 percentage points from May.

See the consumer price index for more details about the June figures.

EU, EEA and the euro area

Preliminary data for May 2014 show that the HICP was 121.1 (2005=100) for both the EU and the EEA, while the HICP for the euro area was 118.1 (2005=100). The preliminary year-to-year growth in the HICP for May was 0.6 per cent for the EU and the EEA. In the euro area, the preliminary year-to-year growth was 0.5 per cent in May. The year-to-year growth for June 2014 in the euro area is estimated at 0.5 per cent.

Detailed figures for May will be published on Eurostat’s website on 17 July.