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| Prices |
A price index is an average (often weighted) of prices in a specific class of goods or services, and is used to measure price changes over time, or between different geographical regions. Price indices measure prices in different areas of the economy.
Statistics Norway's price indices are used in planning public-sector activities, when signing contracts, pay settlements, forecasting and analysis, preparing the National Accounts and so forth.
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- The Consumer Price Index (CPI) describes the monthly change in the price of goods and services for an average household in Norway. The percentage change in the Consumer Price Index is a measure of inflation.
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- The Construction Cost indices measure the overall price trends for materials, labour, machinery and other factors involved in building and construction activity.
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- The Producer Price Indices measure the average changes in the prices domestic producers receive for goods or services they sell to the Norwegian and foreign markets.
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- For details of how the price indices are calculated, see "About the statistics" in the left-hand pane of the statistics' homepages.
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