Cost index for road goods transport, Q4 2001

During the last 12 months, the total cost index has decreased by 0.1 per cent, due to the general decrease in diesel prices.

Jump in wage costs

The Wage Index has increased by 6.1 per cent during the last 12 months. In comparison, the index increased by 2.8 per cent between December 1999 and December 2000. Since last month, the index has increased by 2.1 per cent.

Diesel prices still declining

The fuel index has decreased by 1.2 per cent between November and December 2001. During the last 12 months, the index has decreased by 21.1 per cent because of lower taxes and oil prices.

Increase in administration costs

The administration cost index increased by 1.4 per cent last month. During the last 12 months, this index has increased by 4.0 per cent.

Increased repairs and service costs

The sub-index for repair and service costs has increased by 5.3 per cent from December 2000 to December 2001. Compared with last month, the sub index increased by 0.2 per cent.

The other sub-indices showed little or no change the last month.

Tables:

• Table 1 Total cost indices (January 1998=100)