Content
Published:
This is an archived release.
Reduced increase in electricity prices
Overall prices increased by 2.1 per cent from December to January. The main reason for the increase was higher prices of mineral oil, lubricants and electricity. After a 50 per cent increase from November to December, prices of electricity went up by 19.5 per cent from December to January.
Prices of mineral fuels, lubricants and related materials increased by 9 per cent from December to January. Prices of electricity went up 19.5 per cent, and petroleum and petroleum products went up 6.3 per cent. Chemicals and related products showed an increase of 1.3 per cent. Prices of food products went down 0.3 per cent, mainly due to lower prices of meat products.
The overall domestic market showed an increase of 2.7 per cent. Higher prices of energy goods contributed to this development. Prices of chemicals and related products and manufactured goods also showed an increase in the domestic market.
The 12-month rate: January 2002 to January 2003: 11.1 per cent increase
The overall 12-month rate was 11.1 per cent. This development was mainly due to higher prices of mineral fuels, lubricants and related minerals, 44.5 per cent compared with last year. The development of the 12-month rate for electricity prices showed a strong increase the second half of 2002, and the development continues in 2003. Prices of electricity now show a 150 per cent higher increase compared with January 2002. Petroleum and petroleum products increased by more than 20 per cent.
Most main groups showed a decline compared with last year. Crude materials showed a decrease of 4.3 per cent and prices of food went down by 0.9 per cent
Price index of first-hand domestic sales. 2000=100 |
January 2003 | Changes, per cent | ||||||||||||||||||||||||||||||||||||||
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December 2002-January 2003 | January 2002-January 2003 | ||||||||||||||||||||||||||||||||||||||
Total index | 107.72 | 2.1 | 11.1 | ||||||||||||||||||||||||||||||||||||
Food and live animals | 104.92 | -0.3 | -0.9 | ||||||||||||||||||||||||||||||||||||
Beverages and tobacco | 104.55 | 0.0 | 1.5 | ||||||||||||||||||||||||||||||||||||
Crude materials, inedible, except fuels | 85.72 | -0.7 | -4.3 | ||||||||||||||||||||||||||||||||||||
Mineral fuels, lubricants and related materials | 114.58 | 8.7 | 44.5 | ||||||||||||||||||||||||||||||||||||
Chemicals and related products, n.e.s | 103.08 | 1.3 | -1.2 | ||||||||||||||||||||||||||||||||||||
Manufactured goods classified by material | 98.72 | 0.4 | -0.1 | ||||||||||||||||||||||||||||||||||||
Machinery and transport equipment | 101.89 | 0.4 | -2.4 | ||||||||||||||||||||||||||||||||||||
Miscellaneous manufactured articles | 101.81 | -0.1 | -0.7 | ||||||||||||||||||||||||||||||||||||
Additional information
Contact
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Producer price index
E-mail: produsentpris@ssb.no
tel.: (+47) 21 09 40 00
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Elisabeth Mælum
E-mail: elisabeth.maelum@ssb.no
tel.: (+47) 97 01 28 49
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Monika Græsli Engebretsen
E-mail: monika.graesli.engebretsen@ssb.no
tel.: (+47) 40 90 23 71
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Morten Madshus
E-mail: morten.madshus@ssb.no
tel.: (+47) 40 90 26 94