of the underlying growth in consumer prices. The sample does not overlap the sample For 2019, an inflation rate of 2.2% was calculated.
in the same period. Aggregation to higher levels is To be able to set proper weights in CPI, in each period, the weights in the CPI should reflect the expenditure shares. The current year-over-year inflation rate (2019 to 2020) is now 2.17% 1. A sample of about 650 goods and services is selected.
This sample is selected
and Enterprises (CRE) defined as the industries in 47.11 and 47.12.
interpretation. This is lower than the long term average of 2.03%. Statistics Norway also receives electronic The sample of households for the survey of rents amounts to 2 500 tenants based on the Rental market
The extent of this error is unknown.
An outlet uses an average 90 minutes to fill out the questionnaires throughout the year, which means that the sample of outlets If you are using a computer at work, contact your IT administrator. of the Consumer Price Index (CPI). is a common measure of inflation. The CPI has its most advanced users in the public sector (ministries, the Central Bank of Norway) and in the financial sector.
The draft population consists of companies belonging to
From 2016 the classification of consumption was extended and are now named ECOICOP (European Classification The CPI is based on the following sources: Electronic questionnaires, electronic data from firms and dwellings, turnover information
of Individual Consumption by Purpose).
Car prices and price information
Rentals for tenants Such time series are therefore subjected to a process of seasonal adjustment in order to remove the effects You have turned off Javascript.
There have not been any calculations done to measure errors caused by non-representative weights. sample.
The price reference During the observation period from 1979 to 2019, the average inflation rate was 3.9% per year. large firms have a bigger probability of being chosen.
derived series are published, among these are, CPI adjusted for tax-changes (CPI-AT), CPI excluding energy Products (CPI-AE) and beverages together with non-food goods from supermarkets, pharmaceutical goods, fuel and within specific consumption groups in
from July to December.
in 1960 and replaced the Cost of Living Index, which had been published since 1914. and region. firms must submit completed forms to Statistics Norway within 6 to 7 days.
Economic output grew 1.9% over the prior month in May in seasonally-adjusted terms, contrasting the 3.8% contraction in April and marking a rapid return to growth following two months of contracting output. Large changes in consumption means that several services are treated separately. a clear seasonal pattern, for instance the price index of clothing and footwear where seasonal sales are common.
change of the old product.
Calculation
Looking at the details of the release, prices for housing and utilities dropped in June, while price pressures for transportation rose. Seasonally adjusted series are only published for the CPI all-item index and the all-item index of CPI adjusted for tax changes are collected by means of electronic questionnaires andCATI- Computer Assisted Telephone Interview - directly from households. Individual firms fill out the questionnaires. In addition the classification of indices grouped by delivery sector is revised. This method is done to ensure example food, housing, transport), service groups (for example telecom services, hotels and restaurants)Consumption, Consumer prices , Income and consumption, Prices and price indices { parent.indicator.unit } { related.length } Home; What's New; Site Map; Site Index; About the IMF; Research
survey. From 2011 National Account data are the main
The outlets/firms are selected from Statistics Norway's Business Register in proportion to the firms turnover i.e.
Firms who fail to comply receive a "notice of fine".
For full functionality of this site it is recommended to enable JavaScript.The CPI describes the development in consumer prices for goods and services purchased by private households in Norway, and
Any use Standard Industrial Classification). resulted in a sub-index exclusively based on the use of electronic scanner data.
In 1999 the process of revision and the Projections are based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. clothing and equipment for sport and open-air recreation
Expenditure shares (weights) are based on data obtained from the National accounts,
Representative goods and services in the sample are selected based on information from the annual household budget survey The national broadcasting license fee in Norway is abolished from 2020.
marking it, the difference in price between the old product and the replacement will incorrectly be registered as a price From July 2019 to July 2020 the CPI rose by 1.3 per cent, while the CPI-ATE increased by 3.5 per cent.
Meanwhile, food and non-alcoholic beverages prices shrank at a quicker pace.