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Identifying demand elasticity via heteroscedasticity
This paper introduces a panel GMM framework for identifying and estimating demand elasticities via heteroscedasticity.
CPI up 3.0 per cent last 12 months
From September 2023 to September 2024 the Consumer Price Index (CPI) increased by 3.0 per cent, while the CPI adjusted for tax changes and excluding energy products (CPI-ATE) rose by 3.1 per cent. The CPI and CPI-ATE both increased from August 2024 to September 2024 by 0.3 per cent.
Increasing prices within manufacturing
The prices Norwegian manufacturing producers received for their goods increased from September 2023 to September 2024. Prices on exported manufacturing goods rose by 8.5 per cent, while goods sold at the domestic market increased by 3.3 per cent.
Salmon price in the period of September 30th – October 6th
In the period of September 30th – October 6th the export price of fresh salmon came to NOK 69.70 per kilo, down by 4.8 per cent compared to the previous seven-day period.