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12947
New commodity price index for the industrial sectors
statistikk
2001-02-09T10:00:00.000Z
Prices and price indices;National accounts and business cycles;Energy and manufacturing
en
vppi, Commodity price index for the industrial sector (discontinued), price trends, inflation, domestic market, export market, oil and gas production, mining and quarrying, electricity supply, economic indicator, intermediate goods, energy goods, consumables, capital goods, metal-working industry, food industry, oil refining, machine industryProducer 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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Commodity price index for the industrial sector (discontinued), 15 January 2001

The statistics has been discontinued, but the same figures can be found in this statistics Producer price index for oil and gas, manufacturing, mining and electricity.

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New commodity price index for the industrial sectors

In connection with the revision of the producer price index (see: www.ssb.no/ppi_en) a new index is launched - commodity price index for the industrial sectors. This index may be subject to revisions in later periods - revisions that will also affect published series.

The commodity price index will consequently be less suitable for e.g. adjustments of contracts than the producer price index.

January prices down

Manufacturing prices declined by 1.2 per cent from December 2000 to January 2001. The main contributor to the change was lower prices of refined petroleum products. In addition, prices of some non-ferrous metals showed a decline. The 12-month rate (January 2000 - January 2001) was 4.9 per cent. Major contributions also came from pulp, paper and paper products and food.

Manufacturing prices on the domestic market showed a more moderate decline 0.4 per cent from December 2000 to January 2001. Lower prices of refined petroleum products were the main contributor to this decline, in addition prices of some non-ferrous metals showed decline. The 12-month rate went from 5 per cent in December to 4.3 per cent.

The total index declined 4.7 per cent from December to January, after falling 10.8 per cent from November to December last year. The decline is mainly attributable to lower prices of crude oil, refined petroleum products and metals, while there has been an increase in the prices of electrical energy. The 12-month rate was also falling, from 9 per cent in December to 3.3 per cent in January.

Commodity price index for the industrial sectors. 2000=100
    Changes, per cent
  January 2001 December 2000-January 2001 January 2000-January 2001
Total index 93,32 -4,7 3,3
Oil and gas extraction 86,14 -7,7 2,8
Manufacturing, mining and quarrying 100,82 -1,1 4,9
Electricity, gas and steam supply 136,02 7,5 7,8