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CPI increase of 1.2 per cent last 12 months
statistikk
2004-12-10T10:00:00.000Z
Prices and price indices;Income and consumption
en
kpi, Consumer price index, CPI, inflation, price trends, price increases, CPI-ATE, price index adjustment, deflation, deflator, 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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Consumer price index, 15 November 2004

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CPI increase of 1.2 per cent last 12 months

The Consumer Price Index (CPI) rose by 1.2 per cent from November 2003 to November 2004. The year-to-year growth in the CPI adjusted for tax changes and excluding energy products (CPI-ATE) was 1.0 per cent in November, up from 0.5 per cent in October.

The Consumer Price Index. 1998=100

The CPI stood at 114.0 (1998=100) in November this year compared with 112.6 in November last year, an increase of 1.2 per cent.

Year-to-year growth in CPI-ATE up 0.5 percentage points

The year-to-year growth in CPI-ATE rose from 0.5 per cent in October to 1.0 per cent in November. The growth was mainly caused by the price development of passenger transport by air, alcoholic beverages and clothing and footwear. The prices of passenger transport by air and alcoholic beverages grew moderately in November this year compared to a considerable drop in November last year. The prices of clothing and footwear rose in November 2004 in comparison to a moderate drop in November 2003.

Price increase of 1.2 per cent the last 12 months

From November 2003 to November 2004 the consumer prices increased by 1.2 per cent. With a rise of 6.3 per cent the last 12 months the petrol prices were among the main driving forces behind the CPI growth. In the opposite direction the electricity prices dampened the CPI growth with a price reduction of 6.3 per cent from November last year.

The prices of services connected to recreation and culture and transport contributed to the year-to-year growth in the CPI. Also tobacco and materials for maintenance and repair of dwelling experienced price growth from November last year with increases of 19.2 and 4.3 respectively. Audiovisual equipment and clothing and footwear contributed to moderate the growth with price decreases of 5.8 and 2.7 respectively.

No change in the consumer prices from October to November

The CPI showed no change from October to November. The largest contributions with an upward effect on the CPI were the prices of food and clothing and footwear. The food prices increased by 0.5 per cent, among others things due to a price rise of vegetables. The prices of clothing and footwear went up 0.8 per cent as a total, whereof the footwear prices increased the most.

Petrol prices had the largest downward effect on the consumer prices with a decrease of 3.1 per cent from October to November. With a decline of 0.6 per cent, the tariffs on electricity contributed in the same direction. As a result the CPI excluding energy products (CPI-AE) went up 0.1 per cent. Also the prices of audiovisual equipment went down from October to November.

The Consumer Price Index. 1998=100
  Index Change in per cent
  November 2004 October 2004-
November 2004 		November 2003-
November 2004 		January-November 2003-
January-November 2004
CPI All-item index  114.0 - 1.2 0.4
Food and non-alcoholic beverages  106.1 0.4 1.0 1.8
Alcoholic beverages and tobacco  124.4 0.3 10.5 7.8
Clothing and footwear 76.5 0.8 -2.7 -7.2
Housing, water, electricity, fuels  130.6 - 0.7 0.2
Furnishings household equipment  100.3 - -1.9 -1.7
Health  127.3 -0.2 3.3 4.6
Transport  116.8 -0.4 3.4 1.4
Communications 84.0 0.4 -0.5 -4.1
Recreation and culture  105.6 -0.1 0.9 -
Education  142.3 - 0.9 5.1
Restaurants and hotels  123.1 0.1 1.7 2.3
Miscellaneous goods and services  120.2 - 0.8 0.9
         
CPI-AE  111.5 0.1 1.4 0.7
CPI-AT   - 0.8 -0.1
CPI-ATE   0.2 1.0 0.3