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Consumer prices up 2.8 per cent
statistikk
2000-06-09T10:00:00.000Z
Prices and price indices;Income and consumption
en
kpi, Consumer price index, CPI, inflation, price trends, price increases, CPI-ATE, price index adjustment, deflation, deflator, 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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Consumer price index, 15 May 2000

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Consumer prices up 2.8 per cent

The Consumer Price Index (CPI) remained unchanged from April to May 2000. An increase in prices of petrol, some food products and taxi services is registered. Reduced tariffs on electricity and prices of telephone and audio-visual equipment were the main contributors to an unchanged all item index.

The year to year growth in the CPI in May was 2.8 per cent. In April it was 2.6 per cent. In April as in May the index was 105.1.

Price change from April to May

The price of petrol rose by 1.4 per cent last month. The price of 95-octane petrol had a higher growth rate than 98-octane. The prices of transport services increased by 0.9 per cent, due to a liberalisation of the price regulations in the taxi market.

Prices of clothes kept increasing after the seasonal sale. The price increase, which altogether was 1.3 per cent, covered a wide assortment of garments.

The tariffs on electricity were reduced by 2.8 per cent. This is the fourth month in a row where the tariffs on electricity drop. The price of paraffin and heating oil fell by just above 2 per cent.

Year to year change

The last 12 months the CPI has increased by 2.8 per cent. The main contributor to this growth rate can be found in the transport sector. The price of 95-octane petrol has risen by 15 per cent from May last year to May this year. A sharp price increase in services within the transport sector has also occurred. The prices of airline tickets have risen by 15.9 per cent, and the changes in the taxi market mentioned above have resulted in a sharp increase.

The prices of alcoholic beverages and tobacco have increased by 7,2 per cent. This rise is mainly caused by commodity taxes.

The prices of clothing, telephone services and audio-visual equipment have been falling for several years. Over the last year, the prices of clothing have declined by 6 per cent.

The Consumer Price Index. 1998 = 100
  Index Change in per cent
  May 2000 April 2000 -
May 2000 		May 1999-
May 2000 		January-May 1999 -
January-May 2000
All-item index 105,1 - 2,8 2,8
Food and non-alcoholic beverages 104,8 0,8 1,7 1,7
Alcoholic beverages and tobacco 110,4 0,6 7,2 6,7
Clothing and footwear 98,2 0,9 -4,7 -4,6
Housing, water, electricity, fuels 105,4 -0,7 4,0 4,3
Furnishings household equipment 101,8 -0,4 0,2 0,8
Health 108,2 0,1 3,3 3,6
Transport 108,3 0,5 5,6 4,8
Communications 89,9 -0,2 -3,7 -6,5
Recreation and culture 103,3 -0,4 1,4 1,7
Education 108,5 - 5,3 5,3
Restaurants and hotels 105,8 - 2,6 2,5
Miscellaneous goods and services 106,3 0,4 2,5 2,2