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53830
Increase in CPI for Svalbard
statistikk
2011-12-15T10:00:00.000Z
Prices and price indices;Income and consumption;Svalbard
en
kpisvalbard, Consumer price index for Svalbard (discontinued), CPI, inflation, price trends, price increases, product groups (for example food, housing, transport), service groups (for example telecom services, hotels and restaurants)Consumption, Prices and price indices, Consumer prices , Income and consumption, Prices and price indices, Svalbard
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Consumer price index for Svalbard (discontinued), 2010/2011

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Increase in CPI for Svalbard

The CPI-S increased by 2.3 per cent from October 2010 to September 2011. The growth was mainly caused by the price development in transport, while prices of audio-visual equipment contributed in the opposite direction.

The consumer price index for Svalbard (CPI-S) was 122.9 (March 2001=100) in September 2011 and 120.1 in October 2010, up 2.3 per cent. The consumption divisions that showed the largest increase in prices, thus making the largest contribution to the growth, were transport together with housing, water, electricity and fuels. Prices of audio-visual equipment decreased, thus dampening the overall rise.

Price level for Svalbard

Price level index Svalbard was 83.4 in 2010. Projected with this year’s CPI-S, the price level index for Svalbard in 2011 is 84. Thus, the price level for Svalbard is 16 per cent lower compared to the mainland in 2011.

New collection period as of 2011

As from 2011, the prices in the CPI-S are collected in September, as opposed to earlier years when they were collected in October.

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