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12698
Higher prices of mineral fuels
statistikk
2000-04-10T10:00:00.000Z
Prices and price indices
en
pif, Price index of first-hand domestic sales, price trends, inflation, wholesale price index, domestic market, import market, product groups (for example food, chemical products, machines)Producer and wholesale price indices, Prices and price indices
false

Price index of first-hand domestic sales, 15 March 2000

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Higher prices of mineral fuels

The total index climbed 0.8 per cent from February to March. All groups showed an increase, except for beverages and tobacco, which remained unchanged. Mineral fuels, some crude materials, and manufactured goods were the strongest contributors to the increase. From March 1999 to March 2000 (the 12-month rate) the total index rose 5 per cent, an increase from 4.6 per cent last month.

The group mineral fuels, lubricants and related materials continued having the largest impact on the total index. There was an increase both on the domestic market, and on imports. According to the London Spot Markets the average price of crude oil (Brent Blend) rose 2.7 per cent (measured in NOK) a relatively moderate rise compared with last month. Still, the prices in this group rose 1.8 per cent, as compared with 2.3 per cent last month. The 12-month rate was 24.6 per cent, a decrease from 25.6 last month.

Increase in prices of crude materials and manufactured goods

The group crude materials, inedible, except fuels, increased by 3.2 per cent from last month. The 12-month rate thereby increased from 3.3 to 5.6 per cent. The prices of manufactured goods, chiefly classified by material rose by 0.6 per cent. This was mainly due to an increase in prices of imported non-ferrous metal. The 12-month rate went up from 1.3 per cent last month, to 1.9 per cent this month.

Grouped according to end use

The rise in the total index this month is to a great extent caused by increasing prices of goods for consumption. Grouped according to end use the prices of consumer goods increased by 0.5 per cent from last month, causing the 12-month rate to rise from 1.8 to 2.3 per cent. Investment goods increased by 0.2 per cent.

Price index of first-hand domestic transactions. 1981=100
  March 2000 Changes, per cent
  February 2000-
March 2000 		March 1999-
March 2000 		January-March 1999-2000-
January-March 1998-1999
Total index 182,2 0,8 5,0 4,6
Food 176,3 0,4 -1,6 -1,7
Beverages and tobacco 274,3 - 3,7 3,6
Crude materials, inedible, except fuels 163,6 3,2 5,6 4,1
Mineral fuels, lubricants and related materials 180,1 1,8 24,6 24,1
Animal and vegetable oils and fats 176,3 0,3 -1,8 -2,4
Chemicals 172,7 1,1 3,4 2,8
Manufactured goods classified chiefly by material 179,1 0,6 1,9 1,4
Machinery and transport equipment 185,1 0,1 1,1 1,1
Miscellaneous manufactured articles 197,4 0,4 3,2 3,0