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Lower prices of fruit and vegetables
statistikk
2015-08-10T10:00:00.000Z
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
The price index of first-hand domestic sales (PIF) measures the price change of the first commercial transaction for many products, producers’ selling prices and importers’ buying prices.

Price index of first-hand domestic sales, July 2015

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Lower prices of fruit and vegetables

The price index for first-hand domestic sales (PIF) decreased by 0.8 per cent from June to July, mainly due to lower prices of energy goods and food. Prices of machinery, transport equipment and clothing increased.

Price index of first-hand domestic sales. 2000=100Published 10 August 2015
Product groupsChanges in per centIndexWeights1
July 2015 / June 2015July 2015 / July 2014July 2015
1The weights are updated annually, and are valid for the entire year.
Total index-0.8-2.1145.81 000.0
Food-0.63.8154.3192.6
Beverages and tobacco1.05.5164.314.3
Crude materials, inedible, except fuels0.7-0.1136.647.7
Mineral fuels, lubricants and related materials-5.0-21.8188.1218.4
Chemicals and related products, n.e.s.0.55.5156.265.2
Manufactured goods classified by material0.23.2137.0130.9
Machinery and transport equipment0.32.2104.1229.7
Miscellaneous manufactured articles0.64.1119.594.6

Source: Statistics Norway

The oil price fell by around 7 per cent from June to July, measured in Norwegian currency, following several months of increase. Electricity prices have fallen every month of 2015, and the past month the decline was more than 14 per cent. The fall in the index for food was caused by lower prices of fish, fruit and vegetables. It is not uncommon that these prices fall in July. For fruit and vegetables, the decline often follows an increase in June, as was the case also this year. Compared to July 2014, food prices were 3.8 per cent higher in July this year.

Higher prices for manufactured goods

Prices of manufactured goods such as machinery, transport equipment and clothing rose from June to July. The index for the category ‘machinery and transport equipment’ increased by 0.3 per cent, while for ‘miscellaneous manufactured articles’, which includes clothing, the rise was 0.6 per cent. Compared with July 2014, the indices were 2.2 and 4.1 per cent higher, respectively, in July this year. Much of the increases is due to strong price growth in the last part of 2014, which coincided with a marked depreciation of the Norwegian krone (NOK).