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12915
Decline in prices
statistikk
2002-06-10T10:00:00.000Z
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 May 2002

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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Decline in prices

The 12-month rate, May 2001 - May 2002, decreased slightly this month, after an increase the previous three months. This development can be seen both for the total index, oil and gas extraction and manufacturing, mining and quarrying.

From May last year to May this year the total index fell 7.6 per cent. Prices within oil and gas extraction fell 13.4 per cent, manufacturing, mining and quarrying, about 4 per cent, and electricity prices roughly 11 per cent.

Manufacturing: 12-month rate down

The 12-month rate for manufacturing went from a negative 2.9 per cent in April to a negative 4 per cent in May. The figures for refined petroleum products were -13.7 and -19.2 per cent, respectively. Another group, basic metals, had about 13 per cent lower prices than last year, compared with 8.5 per cent lower prices in April. The most noticeable price decline within this group came from non-ferrous metals. The negative development can also be seen for pulp, paper and paper products, and for food products, beverages and tobacco.

Commodity price index for the industrial sectors. 2000=100
  May 2002 Changes, per cent
  April- May 2002 May 2001-May 2002
Total index 96.49 -1.3 -7.6
Oil and gas extraction 88.78 -1.8 -13.4
Manufacturing, mining and quarrying 98.55 -0.5 -3.9
Electricity, gas and steam supply  134.17 -8.9 -11.1