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Slight increase in PIF
statistikk
2013-09-10T10:00:00.000Z
Prices and price indices
en
pif, Price index of first-hand domestic sales, price trends, inflation, wholesale price index, domestic market, import market, product groups (for example food, chemical products, machines)Producer and wholesale price indices, Prices and price indices
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Price index of first-hand domestic sales, 15 August 2013

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Slight increase in PIF

The price index of first-hand domestic sales (PIF) rose by 0.1 per cent from July to August 2013. Prices of petroleum and petroleum products, electricity, as well as machinery and transport equipment rose. From August 2012 to August 2013 the PIF rose 2.4 per cent.

Price index of first-hand domestic sales. 2000=100Published 10 September 2013
Per centPer centIndexWeights1
August 2013 / July 2013August 2013 / August 2012August 2013
1The weights are updated annually, and are valid for the entire year.
Product groups
Total index0.12.4147.01 000.0
Food-1.66.2144.9177.1
Beverages and tobacco3.46.3153.014.3
Crude materials, inedible, except fuels-0.2-5.0123.452.5
Mineral fuels, lubricants and related materials0.67.5247.2231.0
Chemicals and related products, n.e.s.0.15.3145.371.2
Manufactured goods classified by material0.3-1.5128.8131.3
Machinery and transport equipment0.4-0.4101.3231.9
Miscellaneous manufactured articles0.20.5112.284.6

Source: Statistics Norway

Figure 1. Price development for some SITC groups. 2000=100

The PIF rose only moderately from July to August 2013. Prices of mineral fuels, lubricants and related materials rose 0.6 per cent from July to August 2013, mainly because of higher prices of petroleum and petroleum products and electricity. In addition, prices of machinery and transport equipment, beverages and tobacco as well as manufactured goods rose by 0.4, 3.4 and 0.3 per cent respectively. Food prices on the other hand, fell 1.6 per cent during the same period. Lower prices of fish, fruit and vegetables and feeding stuff for animals was an important contributor to the fall in food prices.

Twelve month change: 2.4 per cent higher prices

The PIF rose by 2.4 per cent from August 2012 to August 2013. Prices of mineral fuels, lubricants and related materials rose by 7.5 per cent during the same period. In addition, 6.2 per cent higher food prices and a rise of 5.3 per cent in prices of chemicals and related products were important reasons behind the rise in the PIF. Lower import prices of crude materials (inedible, except fuels) and manufactured goods contributed to dampening the rise in the PIF.