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12419
Price fall in energy goods
statistikk
2006-12-11T10:00:00.000Z
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 November 2006

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Price fall in energy goods

In total, the price index of first-hand domestic sales fell 0.6 per cent from October to November. The decrease in prices of oil, electricity and food were the main reason for this development.

;>Price development for some SITC groups. 2000=100

When new methods for calculating the price index for first-hand domestic sales (PIF) were introduced in 2000, an unintended inconsistency in the published index series arose. Statistics Norway has corrected this. See this site for a more thorough explanation of the situation and steps taken to remedy it. Consequences for the online index calculator are elaborated in this article .

The prices of mineral fuels, lubricants and related material went down 4.5 per cent. A fall in prices of electric current was the main reason for the decrease. The drop in electricity prices was caused by heavy precipitations and mild weather. Petroleum and petroleum products showed a decrease as well, at 2.3 per cent from October to November.

Prices of food showed a decrease. Fruit, vegetables and fish prices fell most in this grouping. The main reason for the drop in fish products prices was lower prices of non-processed salmon. Crude materials continued to rise. The increase in crude materials stems mainly from the import of metalliferous ores and metal scrap.

The 12-month rate, November 2005 to November 2006: Up 5.7 per cent

The price index of first-hand domestic sales rose by 5.7 per cent from November 2005 to November 2006. Increase in prices of energy goods, food and crude materials were the main reason for the prices development. The prices of food increased by 4.4 per cent compared with figures from last year. The main reason for this rise was higher prices of fish and feeding stuff for animals. Office machines and data processing machines showed on the other hand a fall compared with November 2005.

Price index of first-hand domestic sales. 2000=100
  November 2006 Changes, per cent
  October 2006 -
November 2006 		November 2005 -
November 2006
Total index  119.1 -0.6 5.7
Food and live animals  111.7 -0.2 4.4
Beverages and tobacco  115.9 0.5 3.5
Crude materials, inedible, except fuels  121.4 5.5 25.5
Mineral fuels, lubricants and related materials  154.8 -4.5 11.0
Chemicals and related products, n.e.s  109.2 0.0 3.1
Manufactured goods classified by material  112.6 0.4 6.3
Machinery and transport equipment  100.9 -0.2 -0.1
Miscellaneous manufactured articles  102.7 -1.1 -0.7