Content
Published:
This is an archived release.
Slight growth in bus costs
The total cost index for bus transport for the 3rd quarter of this year increased by 0.5 per cent compared with the previous quarter. From the 3rd quarter of 2013, the total costs increased by 1.4 per cent.
Index level | Percentage change | ||
---|---|---|---|
3rd quarter 2014 | 2nd quarter 2014 - 3rd quarter 2014 | 3rd quarter 2013 - 3rd quarter 2014 | |
Cost index for passenger transport by bus. Total index | 115.2 | 0.5 | 1.4 |
Labour costs. Sub index | 121.2 | 1.2 | 3.3 |
Fuel costs. Sub index | 118.3 | 0.9 | -1.3 |
Capital costs. Sub index | 77.5 | -3.7 | -13.6 |
Repair and maintenance costs. Sub index | 116.6 | 0.6 | 3.8 |
Administrative costs. Sub index | 109.4 | 1.2 | 2.7 |
Sub-indices for labour and administrative costs increased by 1.2 per cent compared to Q2 2014, while fuel costs increased by 0.9 per cent during the same period. Compared to the 3rd quarter of 2013, the repair and maintenance costs increased by 3.8 per cent, while labour costs increased by 3.3 per cent during the same period. Labour costs are the main component of the overall index and constitute 56 per cent of the total costs.
The sub-indices for capital costs made the largest contribution to the fall in the overall index from the previous quarter. The capital cost index decreased by 3.7 per cent. From Q3 2013 to Q3 2014, capital costs decreased by 13.6 per cent. The change in capital costs is mainly due to changes in interest rates. Interest rates are based on 10-year bonds from the Central Bank, which are adjusted for inflation by CPI-ATE (CPI adjusted for tax changes and excluding energy products).
Contact
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Geir Martin Pilskog
E-mail: geir.martin.pilskog@ssb.no
tel.: (+47) 40 81 13 83
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Gudveig Ihlang
E-mail: gudveig.ihlang.braten@ssb.no
tel.: (+47) 40 81 13 85