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12931
Negative trend for the 12-month rate
statistikk
2001-10-10T10:00:00.000Z
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
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Commodity price index for the industrial sector (discontinued), 15 September 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.

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Negative trend for the 12-month rate

Since June 2000 the 12-month rate within manufacturing has decreased from more than 11 per cent to a negative 2.1 per cent in September. The main reason for this is the decline in the 12-month rate for refined oil products.

The total index has decreased 0.7 per cent since last month caused by lower prices of crude oil, which contributed to a 1.4 per cent decrease in oil and gas extraction.

As concerns the main groups the price changes have been rather small. For the manufacturing sector price movements have been noticeable. The changes have to a large extent neutralized each other making the manufacturing index change 0.1 per cent. The main contributions to the price increase of 0.1 per cent were higher prices of refined oil products, food products and beverages, and chemicals and chemical products. Prices of basic metals and pulp, paper and paper products pulled in the opposite direction.

12-month rates down

A reletivaly continious decrease in the 12-month rate has been registered during several months.

This development is mainly explained by a decrease in the price of crude oil. The price of crude oil has also affected manufacturing through the refined oil products. In September this group had a negative 12-month rate, -14.6 per cent, after -4.9 per cent last month. The decrease has lasted several months, with a top in June 2000 when a 72 per cent 12-month increase were reached. Due to this the trend in the manufacturing growth rates have moved from 11.1 per cent in June 2000 to -2.1 per cent in September.

Commodity price index for the industrial sectors. 2000=100
  September 2001 Changes, per cent
  August 2001-September 2001 September 2000-September 2001
Total index 97,66 -0,7 -11,0
Oil and gas extraction 93,41 -1,4 -20,7
Manufacturing, mining and quarrying 100,38 0,1 -1,9
Electricity, gas and steam supply 142,54 1,8 33,2