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Consumer price index up 3.5 per cent
statistikk
2000-09-11T10:00:00.000Z
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 August 2000

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Consumer price index up 3.5 per cent

The Consumer Price Index (CPI) went down 0.1 per cent from July to August 2000. This was mainly caused by a decrease in the prices of petrol and in clothing and footwear sales. The year-to-year growth in August was 3.5 per cent per cent. In July it was 3.3 per cent.

In August the CPI was 105.3 (1998=100). In August 1999 it was 101.7.

Price change from July to August

The prices of petrol went down by 3.6 per cent last month. The price of 95-octane petrol decreased more than 98-octane.

Prices of clothes and footwear kept decreasing due to summer sales. The prices of clothing and footwear dropped by 2.0 per cent from July to August. The prices of footwear decreased the most.

The prices of food went down by 0.7 per cent, mainly because of seasonal lower prices of fruit and vegetables.

Rentals for housing increased by 0.7 per cent from July to August.

The prices for kindergartens increased by 1.6 per cent from the last survey in February. The dental services rose by 3.1 per cent in the same period.

Weights in the consumer price index from August 2000 to July 2001

Year-to-year change

The last 12 months the CPI has increased by 3.5 per cent. The main contributor to the growth in August is increased housing expenses. A sharp rise in the price of energy products such as fuels, heating oil and paraffin over the last 12 months, due to higher oil prices, explains most of the overall change in the CPI. Higher rentals for housing the last 12 months also contribute to the increase in the year-to-year change.

Another contributor to the growth rate is found in the transport sector. The prices of petrol have increased by 11, 0 per cent since August last year. The increase is mainly due to increased prices of crude oil. There has been a strong price increase in some services within the transport sector as well. The prices of airline tickets have risen by 16 per cent, and the prices of passenger transport by road have increased by 9.2 per cent mainly due to the deregulation of the taxi market.

The prices of alcoholic beverages and tobacco have increased by 7.4 per cent the last year. This rise is mainly caused by commodity taxes. The taxes on tobacco have increased more than the taxes on alcohol, which is reflected in the price increases.

Prices for clothing, telephone services and audio-visual equipment have been falling for several years and dampened the increase in the year-to-year change.

The Consumer Price Index. 1998 = 100
  Index
August 2000 		Change in per cent
  July 2000-
August 2000 		August 1999-
August 2000 		January-August 1999-
January-August 2000
All-item index 105,3 -0,1 3,5 3,0
Food and non-alcoholic beverages 105,3 -0,4 2,3 1,8
Alcoholic beverages and tobacco 110,7 - 7,4 6,9
Clothing and footwear 91,0 -2,0 -2,4 -4,4
Housing, water, electricity, fuels 106,4 0,7 5,6 4,6
Furnishings household equipment 101,6 -0,4 0,5 0,7
Health 108,9 1,0 3,3 3,4
Transport 108,9 -0,6 5,4 5,4
Communications 89,9 0,1 -0,8 -4,8
Recreation and culture 104,1 -0,1 1,5 1,5
Education 108,5 - 5,3 5,3
Restaurants and hotels 107,4 0,8 4,4 3,0
Miscellaneous goods and services 107,3 0,4 3,0 2,5