12809_not-searchable
/en/priser-og-prisindekser/statistikker/ppi/arkiv
12809
Decrease in producer prices
statistikk
2009-01-09T10:00:00.000Z
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
false

Producer price index, 15 December 2008

Content

Published:

This is an archived release.

Go to latest release

Decrease in producer prices

The producer price index (PPI) continues to fall, with a decrease of 5.1 per cent from November to December. Prices fell for oil, electricity and manufacturing industries.

;>Price development for selected product groups. 2000=100

The producer price index for oil and gas extraction, manufacturing, mining and electricity continues to fall. This is the fifth consecutive month of decline in the over-all index, with a fall of 5.1 per cent from November to December.

In the manufacturing industries prices fell by 2.3 per cent, mainly due to reduced prices of refined petroleum products and metals. Among the industries with increased prices from November to December were those producing pulp, paper and paper products and machinery.

Year - on - year : PPI up 22 . 8 per cent .

The over-all PPI increased 22.8 per cent from 2007 to 2008. The relatively high year-on-year growth is due to a rise in the index through 2007, which continued until July of 2008. The last months of 2008 saw the index fall equally steep, and in December the index was around the same level as it was in April of 2008.

The industries with the strongest contributions to the increase from 2007 to 2008 were electricity, refined petroleum products and chemicals, with price growth of 65.2, 19.3 and 8.8 per cent, respectively. The metals industry, on the other hand, saw prices fall by 2.7 per cent from 2007 to 2008, mainly due to a 14.1 per cent decrease in prices of non-ferrous metals.

[1] Done emacs
Producer price index. 2000=100
  December 2008 Changes, per cent
  November 2008-
December 2008 		December 2007-
December 2008
Total index  158.7 -5.1 6.0
       
Oil and gas extraction  194.8 -7.7 13.0
Manufacturing, mining and quarrying  129.8 -2.2 -0.9
Electricity, gas and steam supply  365.3 -7.0 14.1
       
Etter varetype[Main industrial groupings]:      
Intermediate goods  131.1 -0.3 5.1
Capitals goods  122.0 0.9 5.6
Consumer goods  121.2 -0.1 6.5
Energy goods  190.6 -8.5 6.2

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

Important announcement: New classification being implemented shortly

As of January 2009 a new version of Eurostats industry classification, NACE, will be in use. The producer price index (PPI) and the commodity price index for the industrial sector (VPPI) are affected by the change of nomenclature from the publication of the January 2009 index. Click here to read more about the implications for users, calculation and dissemination .