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32355
Higher prices of fuel and lubricants
statistikk
2008-06-10T10:00:00.000Z
Prices and price indices;Income and consumption
en
hkpi, Harmonized index of consumer prices, HCPI, inflation, EU countries, EEA countries, price trends, price increases, product groups (for example food, housing, transport), service groups (for example telecom services, hotels and restaurants)Consumption, Consumer prices , Income and consumption, Prices and price indices
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Harmonized index of consumer prices, May 2008

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Higher prices of fuel and lubricants

The harmonized index of consumer prices (HICP) for Norway rose by 0.3 per cent from April to May 2008, mainly caused by the development in prices of engine fuel and lubricants. Lower prices of electricity and airlines fares pulled in the opposite direction.

Harmonized index of consumer prices

The HICP for Norway was 106.1 (2005=100) in May 2008, compared with 103.2 in May 2007. The year-to-year growth was 2.8 per cent in May, compared with 2.7 per cent in April.

See the consumer price index for more details.

EEA, EU and euro area

The HICP in April was 108.1 for the EU and 108.0 for the EEA, compared with 107.6 in the euro area. The year-to-year growth in April was 3.6 per cent for both the EU and the EEA, and 3.3 per cent for the euro area. Eurostat's flash estimate for the year-to-year growth in the HICP for the euro area was 3.6 per cent for May 2008.

Harmonized indices of consumer prices for Norway and other selected countries. Change in per cent
  March 2007-March 2008 April 2007-April 2008 May 2007-May 2008
Norway 2.8 2.7 12.8
Iceland 6.8 10.7  
Sweden 3.2 3.2  
Denmark 3.3 3.4  
Finland 3.6 3.3  
Germany 3.3 2.6  
UK 2.5 3.0  
EEA 3.7 13.6  
EU 3.8 13.6  
Euro area 3.6 13.3  
1  Provisional or preliminary figures.
Source:  Statistics Norway and EUROSTAT.