12939_not-searchable
/en/priser-og-prisindekser/statistikker/vppi/maaned
12939
Prices of Brent Blend up
statistikk
2001-06-11T10:00:00.000Z
Prices and price indices;National accounts and business cycles;Energy and manufacturing
en
vppi, Commodity price index for the industrial sector (discontinued), price trends, inflation, domestic market, export market, oil and gas production, mining and quarrying, electricity supply, economic indicator, intermediate goods, energy goods, consumables, capital goods, metal-working industry, food industry, oil refining, machine industryProducer and wholesale price indices, Energy , Oil and gas , Business cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Prices and price indices, Energy and manufacturing
false

Commodity price index for the industrial sector (discontinued), 15 May 2001

The statistics has been discontinued, but the same figures can be found in this statistics Producer price index for oil and gas, manufacturing, mining and electricity.

Content

Published:

This is an archived release.

Go to latest release

Prices of Brent Blend up

The price of crude oil (Brent Blend) went up 11.7 per cent from April to May. Together with a price increase for refined petroleum products and basic metals, this contributed to a 6.0 per cent increase in the index.

The 12-month rate went from 9.8 per cent in April to 4.6 per cent in May. All main groups had a poorer growth in the 12-month rate this month with the exception of electricity.

The commodity price index rose by 6.0 per cent after 2.2 per cent last month. The reason for this increase was mainly higher prices of oil. At London Spot Market (LSM) crude oil increased by nearly 12 per cent. A modest price increase in manufacturing was also recorded, whereas the prices of electricity fell by 5.9 per cent.

A rise in prices of petroleum products and basic metals, mainly non-ferrous metals, was the most important factor for the 0.9 per cent increase within manufacturing. The prices of petroleum products often follow the price of crude oil, and at the LSM unleaded petrol went up almost 9 per cent. The group refined petroleum products went from a 2.2 per cent increase in April to 5 per cent in May, while basic metals went from a negative 1.4 per cent to a 3.2 per cent increase. Prices of chemicals and pulp, paper and paper products pulled in the opposite direction.

Among the main industrial groupings energy goods went up 9.3 per cent, while intermediate goods rose 0.9 per cent.

Commodity price index for the industrial sectors. 2000=100
  May 2001 Changes, per cent
  April 2001-
May 2001 		May 2000-
May 2001
Total index 104,18 6,0 4,6
Oil and gas extraction 102,50 10,4 2,8
Manufacturing, mining and quarrying                102,58 0,9 3,1
Electricity, gas and steam supply 156,00 -5,9 92,9