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53815
CPI down by 0.4 per cent
statistikk
2011-07-11T10:00:00.000Z
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 June 2011

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CPI down by 0.4 per cent

The CPI fell by 0.4 per cent from May to June 2001, mainly due to price falls in electricity and clothing. The CPI rose by 1.3 per cent from June 2010 to June 2011, while the CPI-ATE increased by 0.7 in the same period.

Consumer price index. 1998 = 100

The Consumer price index (CPI) was 130.5 (1998=100) as per June 2011, compared with 128.8 in the corresponding period in 2010. This was equivalent to a year-to-year growth of 1.3 per cent in June 2011, down 0.3 percentage points from the previous month. The year-to year growth in the CPI-ATE was 0.7 per cent in June 2011, also down 0.3 percentage points from May to June.

Price decreases in electricity and clothing

The CPI fell by 0.4 per cent from May to June 2011. This was mainly due to price decreases in electricity including grid rent together with clothing of 4.5 and 2.6 per cent respectively. The prices of food fell by 0.7 per cent as a result of a price fall for bread and cereal products, other bakery products, meat and fresh fruit. The prices of furniture also decreased from May to June 2011.

Travelling caused the decrease in the year-to-year growth

The year-to-year growth in both the CPI and CPI-ATE fell by 0.3 percentage points from May to June. The main causes were the development of airline fares and prices of package holidays, as the prices from May to June this year increased much less than the corresponding period last year. Airline fares rose by 6.1 per cent from May to June 2011, compared to an increase of 36.2 per cent from May to June 2010. Package holidays showed an increase in prices by 0.1 per cent from May to June 2011, while the prices rose by 4.3 per cent in the corresponding period last year.

Prices of energy goods contributed mostly to the year-to-year growth

The CPI rose by 1.3 per cent from June 2010 to June 2011. The prices of electricity including grid rent together with fuel and lubricants increased by 2.0 and 10.8 per cent respectively, while imputed rentals for owner-occupiers rose by 2.2 per cent. Other consumer groups that contributed considerably to the increase were alcoholic beverages and tobacco, non-alcoholic beverages, restaurant services and personal equipment.

In the opposite direction, the prices of clothing and audiovisual equipment fell by 4.4 and 7.4 per cent respectively from June 2010 to June 2011. Food prices and airline fares decreased by 1.5 and 15.4 per cent respectively.

The Consumer Price Index. 1998=100
 
  Weights Index Change in per cent
  January 2011-
December 2011		 June 2011 May 2011-
June 2011		 June 2010-
June 2011		 January-June 2010-
January-June 2011
 
CPI All-item index 1 000.0  130.5 -0.4 1.3 1.5
Food and non-alcoholic beverages  133.1  121.6 -0.7 -0.2 -0.6
Alcoholic beverages and tobacco 42.3  156.8 0.1 6.1 6.0
Clothing and footwear 56.8 56.1 -2.6 -4.6 -4.1
Housing, water, electricity, fuels  214.9  160.5 -0.6 1.8 2.2
Furnishings household equipment 60.2  105.8 -1.1 -0.7 -0.8
Health 30.0  153.6 - 2.5 2.5
Transport  133.7  142.2 0.4 2.2 2.6
Communications 27.5 71.0 - -2.2 -2.7
Recreation and culture  134.8  115.6 -0.1 -0.3 0.3
Education 2.7  166.8 - 2.3 2.3
Restaurants and hotels 50.3  154.7 0.2 2.5 2.7
Miscellaneous goods and services  113.8  140.9 0.2 3.1 2.8
           
CPI-AE ..  124.5 -0.2 0.8 1.1
CPI-AT ..  127.2 -0.4 1.1 1.2
CPI-ATE ..  121.3 -0.2 0.7 0.8
CPI-ATE sesonal adjusted ..  120.9 -0.1    
 

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