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12683
Higher food prices
statistikk
2000-08-10T10:00:00.000Z
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 July 2000

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Higher food prices

Higher food prices contributed strongly to the 0.2 per cent increase in the total index from June to July. The 12-month rate turned out to be 4.1 per cent, which is a bit less than it was in June.

Higher prices of meat, products of meat, and vegetables were the most important causes for the index increase this month. The increase was fairly uniformly distributed over the domestic and import markets.

Among the vegetables, the potatoes had the strongest price increase. This is normal this time of the year when fresh potatoes take market share from cheaper stored potatoes. On the other hand, the group milk and butter showed a price decline 1st of July.

The group food and live stock increased totally by 0.7 per cent from June to July. This leads to a 0.2 per cent 12-month rate, which is the first positive rate since May last year.

Price decline of oil and oil products

The decline in the prices of imported oil products and crude oil had the opposite contribution to the index this month. E.g. the price of unleaded petrol at the London Spot Markets fell by 15.3 per cent from June to July, while the Brent Blend fell by 2.3 per cent measured in NOK.

Grouped after end use

The prices of consumer goods increased, like last month, by 0.2 per cent. The 12-month rate was 2.2 per cent. The prices of investment goods increased by 0.1 per cent during the last period and 1.1 per cent during the last 12 months.

Price index of first-hand domestic transactions. 1981=100
    Changes, per cent
  July 2000 June 2000-
July 2000 		July 1999-
July 2000 		January-July 1999-
January-July 2000
Total index 183,2 0,2 4,1 4,4
Food 179,0 0,7 0,2 -1,2
Beverages and tobacco 274,1 - 3,5 3,5
Crude materials, inedible, except fuels 172,0 0,9 11,2 7,1
Mineral fuels, lubricants and related materials 175,1 -0,3 11,1 18,4
Animal and vegetable oils and fats 173,4 -2,5 -7,5 -3,2
Chemicals 173,4 -0,2 5,0 3,7
Manufactured goods classified chiefly by material 181,9 0,3 3,7 2,5
Machinery and transport equipment 186,2 0,3 1,6 1,3
Miscellaneous manufactured articles 197,9 0,1 2,2 2,7