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12485
New figures for July
statistikk
2004-08-10T10:00:00.000Z
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 2004

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New figures for July

Revised indices are released due to a deviation during production of figures for July. Change will only occur for indices including both the domestic and import marked, as only import prices are updated.

Published 8 September 2004, at 1 p.m.

The revised total index is unaltered, but the development of some subgroups has changed. Updated figures for chemicals show a 0.1 per cent increase in prices from June to July, while earlier published indices went down 0.2 per cent. Updated figures for manufactured goods show a 0.3 per cent increase, while earlier figures went down 0.1 per cent.

Price index of first-hand domestic sales. 2000=100.
(New table released 8 September 2004)
  July 2004 Changes, per cent
      June 2004-
July 2004 		    July 2003-
July 2004
Total index  108.8 0.6 4.0
Food and live animals  107.5 0.9 1.1
Beverages and tobacco  109.1 0.6 2.2
Crude materials, inedible, except fuels 96.9 -0.3 7.2
Mineral fuels, lubricants and related materials  111.2 3.3 13.6
Chemicals and related products, n.e.s  105.8 0.1 2.9
Manufactured goods classified by material  103.9 0.3 4.9
Machinery and transport equipment  103.1 -0.4 1.3
Miscellaneous manufactured articles  103.1 -0.1 0.7

Original text, published 10 August 2004

Higher prices of oil products

The price index of first-hand domestic sales went up by 0.6 per cent from June to July. Higher prices of petroleum and petroleum products and food were the main drivers behind the rise, which was partly offset by lower electricity prices.

Prices of mineral fuels, lubricants and related materials increased by 3.3 per cent from June to July. Prices of petroleum and petroleum products increased by 7.2 per cent. The increase was mainly due to higher demand from China and India, uncertainty around Russia's oil production and lower petrol supply in Europe. Electricity prices fell by 5.0 per cent, caused by large amounts of precipitation in July. Crude materials decreased by 0.1 per cent. In this group, lower prices of wood, lumber and cork were the main factors behind the decrease. Prices of food showed an increase this month, caused by higher prices of dairy products and eggs, fish and vegetables and fruit.

The overall domestic market experienced a growth in prices of 1.1 per cent, mainly caused by a 7.8 per cent rise in prices of petroleum and petroleum products.

The 12-month rate, July 2003 to July 2004: 4.0 per cent increase

The overall 12-month rate shows that prices have increased by 4.0 per cent over the last 12 months.

The increase is mainly due to higher prices in all the main groups, and particularly for petroleum and petroleum products. Petroleum and petroleum products have risen by 18.6 per cent. Crude materials have risen by 7.4 per cent, due to increased prices of metalliferous ores and metal scrap. Prices of food have increased by 1.3 per cent compared with July 2003, caused by higher prices of fish and sugar. Manufactured goods have increased by 4.5 per cent, mainly caused by an increase in iron and steel prices of 27.2 per cent.

Published 10 August 2004 (C) Statistics Norway