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This is an archived release.
Increased domestic prices
The price index of first-hand domestic sales increased by 1.4 per cent from February to March. Increased prices in most groups influenced the overall development, although prices of food went down. The strongest contribution was from metal and oil.
Prices of mineral fuels, lubricants and related materials increased by 5.2 per cent from February to March. Prices of petroleum and petroleum products and electricity increased by 6.8 and 1.6 per cent respectively. Crude materials increased by 4.6 per cent. Higher prices of metalliferous ores and metal scrap were the main reason for the increase in the former group. Prices of food showed a decrease this month, caused by lower prices of meat and meat preparations, fish and dairy products and eggs.
Manufactured goods went up 1.4 per cent. The main reason for this increase was higher prices of iron and steel, 7.5 per cent. A small supply of steal in the market forced the prices up.
The overall domestic market showed a price increase of 1.2 per cent. The main reason for this increase was higher prices of petroleum and petroleum products, manufactured goods and chemical products.
The 12-month rate, March 2003 to March 2004: 1.0 per cent increase
The overall 12-month rate showed that prices have increased by 1.0 per cent the last 12 months.
The increase was mainly due to higher prices of the main groups except mineral fuels, lubricants and related materials. Crude materials went up by 16.2 per cent, due to increased prices of pulp and waste paper and metalliferous ores and metal scrap. Prices of food increased by 1.4 per cent compared with March 2003. Manufactured goods increased by 4.3 per cent. The main reason for this rise was higher prices iron and steel, 20.5 per cent.
Price index of first-hand domestic sales. 2000=100 |
March 2004 | Changes in per cent | ||||||||||||||||||||||||||||||||||||||
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February-
March 2004 |
March 2003-
March 2004 |
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Total index | 107.6 | 1.4 | 1.0 | ||||||||||||||||||||||||||||||||||||
Food and live animals | 106.2 | -0.4 | 1.5 | ||||||||||||||||||||||||||||||||||||
Beverages and tobacco | 109.3 | 0.7 | 4.3 | ||||||||||||||||||||||||||||||||||||
Crude materials, inedible, except fuels | 99.7 | 4.6 | 16.2 | ||||||||||||||||||||||||||||||||||||
Mineral fuels, lubricants and related materials | 103.1 | 5.2 | -6.0 | ||||||||||||||||||||||||||||||||||||
Chemicals and related products, n.e.s. | 107.0 | 1.1 | 3.2 | ||||||||||||||||||||||||||||||||||||
Manufactured goods classified by material | 103.2 | 1.4 | 4.3 | ||||||||||||||||||||||||||||||||||||
Machinery and transport equipment | 103.7 | 0.0 | 1.9 | ||||||||||||||||||||||||||||||||||||
Miscellaneous manufactured articles | 103.7 | 0.8 | 1.4 | ||||||||||||||||||||||||||||||||||||
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