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Car rental prices up for private households
statistikk
2006-12-08T10:00:00.000Z
Prices and price indices;Establishments, enterprises and accounts
en
bilutleie, Car rental, price indexProducer and wholesale price indices, Establishments and enterprises , Prices and price indices, Establishments, enterprises and accounts
false

Car rental, price indexQ3 2006

Content

Published:

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Car rental prices up for private households

Prices for car rental increased only for the customers defined as private households in the third quarter of 2006 compared with the same quarter in 2005. The increase was 9.2 per cent in this period.

Car rental, price index. 2005=100

From the third quarter of 2005 to the third quarter of 2006 the prices of car rental as a total increased by 0.6 per cent. However, the prices decreased by 0.8 per cent compared with the second quarter this year.

In the third quarter of 2006, the private and public enterprises constitute 56 per cent of the total turnover. Private households and foreign tourists constitute 21 and 23 per cent respectively.

Revised figures

Because of changes in the base period, and changes in the method for chaining of the index, the time series is revised from the first quarter of 2004. There are small or no changes in the price development compared with previous published figures.

About the car rental industry

The car rental industry consisted of 438 businesses in 2004. These businesses employed 1021 persons and had a turnover of NOK 1.8 billion, according to figures from Statistic Norway’s structural statistics.

Data sources

Statistics Norway receives data from the four larges chains in the industry. Theses four chains are reporting data from a total of 350 businesses/offices.

Analysis

Three sub-indices are calculated. One index is calculated for foreign tourists, one for private households and one for private and public enterprises. These sub-indices are weighted together to a total index for car rental. The weights used are the income per type of customer from each of the chains in the quarter in question.

The price measured

The price measured is price per day of rental. The price includes possible extra charge for additional time/distance, insurance, possible airport tax or other extra costs. VAT, fuel costs and possible one way fee are not included.

Time of measurement

The statistics consists of all the transactions that the chains have carried through in the quarter in question.

Car rental , price index 1st quarter 2004-3rd quarter 2006. 2005=100
Periode Prices Sub-indices
Total Index Changes from same quarter last year, per cent Foreign tourists Husholdninger/privatpersoner Private and public businesses
2004  102.0    104.9 98.0  102.5
2005  100.0    100.0  100.0  100.0
           
2004          
1. quarter  102.0    113.0 94.4  102.4
2. quarter  102.0    105.0 96.7  102.8
3. quarter  104.1    106.1  105.7  103.3
4. quarter  100.9   99.8 96.1  101.7
           
2005          
1. quarter  100.7 -1.3  106.9 95.9  100.8
2. quarter  100.2 -1.8  100.7  100.4 99.6
3. quarter  100.8 -3.1 98.7  103.0  101.5
4. quarter 98.3 -2.6 93.8  100.7 98.1
           
2006          
1. quarter 98.0 -2.6 97.3 91.7 99.0
2. quarter  102.2 2.0 98.2  101.0  103.1
3. quarter  101.4 0.6 96.3  112.5  100.7