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Higher prices of non-ferrous metals
statistikk
2010-10-11T10:00:00.000Z
Prices and price indices;National accounts and business cycles;Energy and manufacturing
en
ppi, Producer price index, price trends, inflation, domestic market, export market, economic indicator, intermediate goods, energy goods, consumables, capital goods, metal-working industry, food industry, oil refining, machine industry, mining, metal prices (for example gold, aluminium, copper)Producer and wholesale price indices, Energy , Oil and gas , Business cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Prices and price indices, Energy and manufacturing
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Producer price index, 15 September 2010

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Higher prices of non-ferrous metals

The Producer price index sank 0.3 per cent from August to September 2010. Lower prices within extraction of oil and natural gas were the main reason for the decrease. Electricity prices and prices of non-ferrous metals rose.

Price development for selected industries. 2000=100

The producer price index (PPI) decreased by 0.3 per cent from August to September 2010. Lower prices within extraction of oil and natural gas were the main reason. In total, the prices here decreased by 1.7 per cent from August to September, and gas prices had the strongest decrease.

Prices of electricity rose 7.2 per cent from August to September 2010. Higher power consumption due to lower temperature, as well as low reservoir levels, could be partly responsible for this increase.

Higher prices for non-ferrous metals

There was a 2.3 per cent increase in prices of basic metals from August to September 2010. This is mainly because of a price rise of 3.3 per cent for non-ferrous metals, which in turn is mainly due to higher export prices.

Twelve month change: 19.7 per cent

PPI increased 19.7 per cent from September last year to September this year. During this period, the strongest price increase was within electricity, gas and steam, where prices rose more than 44 per cent. The strongest contribution to the twelve month change in the overall index, however, came from the two groups extraction of oil and natural gas as well as refined petroleum products, where prices grew 37.0 and 13.9 respectively.

Producer price index. 2000=100
  September 2010 Changes, per cent
  August 2010-
September 2010 		September 2009-
September 2010
Total index  208.3 -0.3 19.7
       
Extraction of oil and natural gas  285.7 -1.7 37.0
Manufacturing, mining and quarrying  145.7 0.4 5.4
Electricity, gas and steam supply  299.4 7.2 44.1
       
Main industrial groupings      
Intermediate goods  140.2 0.9 6.1
Investment goods  126.5 0.5 0.1
Consumer goods  125.9 -0.2 2.0
Energy goods  274.6 -0.8 32.7

For information on the commodity price index for the industrial sectors, see http://www.ssb.no/vppi_en