Content
Published:
This is an archived release.
Reduced prices
The price index of first-hand domestic sales went down by 0.4 per cent from May to June - the first decrease this year. Prices in most groups have shown decline, particularly for imported goods.
Prices of crude materials fell by 2.3 per cent due to low prices of metalliferous ores and metal scrap. Mineral fuels, lubricants and related materials went down by 1.1 per cent. In this group, prices of petroleum and petroleum products fell by 4.4 per cent, whereas prices of electric current increased by 7.3 per cent. Prices of beverages, chemicals, machinery and miscellaneous manufactured articles also went down from May to June. Food and manufactured goods classified by material experienced an opposite price development - vegetables and fruit increased by 3 per cent, whereas iron and steel went up by 4.8 per cent.
The overall domestic market went down by 0.1 per cent from May to June. Prices of crude materials increased by 0.8 per cent, while prices of mineral fuels decreased by 0.5 per cent.
The 12-month rate, June 2003 to June 2004: 5.4 per cent increase
The total index increased by 5.4 per cent compared with figures from June 2003, mainly due to the price development of metalliferous ores and metal scrap, as well as petroleum and petroleum products. Prices in these groups increased by 27.3 and 19.8 per cent respectively. Prices of electric current were 17.3 per cent higher than in the same period last year. Prices of electric current are normally low in June, but little rain in 2002 and 2003 combined with high prices of coal, crude oil and natural gas have resulted in no price fall this year.
Price index of first-hand domestic sales. 2000=100 |
June 2004 | Changes, per cent | ||||||||||||||||||||||||||||||||||||||
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May 2004 - June 2004 | June 2003 - June 2004 | ||||||||||||||||||||||||||||||||||||||
Total index | 108.1 | -0.4 | 5.4 | ||||||||||||||||||||||||||||||||||||
Food and live animals | 106.5 | 0.4 | 1.4 | ||||||||||||||||||||||||||||||||||||
Beverages and tobacco | 108.4 | -0.6 | 2.6 | ||||||||||||||||||||||||||||||||||||
Crude materials, inedible, except fuels | 97.2 | -2.3 | 10.8 | ||||||||||||||||||||||||||||||||||||
Mineral fuels, lubricants and related materials | 107.6 | -1.1 | 16.3 | ||||||||||||||||||||||||||||||||||||
Chemicals and related products, n.e.s | 105.7 | -0.6 | 1.9 | ||||||||||||||||||||||||||||||||||||
Manufactured goods classified by material | 103.6 | 0.6 | 4.6 | ||||||||||||||||||||||||||||||||||||
Machinery and transport equipment | 103.5 | -0.5 | 2.1 | ||||||||||||||||||||||||||||||||||||
Miscellaneous manufactured articles | 103.2 | -0.4 | 1.1 | ||||||||||||||||||||||||||||||||||||
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