Chapter 5 Prices

The increase in food prices in Norway, as measured in the consumer price index, can be explained primarily by higher prices for domestically produced food, which are largely

This has pushed down overall consumer price inflation (see Chart 9). The fall in prices for these goods can largely be explained by a stronger krone exchange rate and weak

Steep increases in public sector allocations, growth in private consumption and strong growth in labour costs fuel high price inflation for goods and services produced in

with a sight deposit rate of 4 per cent and import-weighted krone exchange rate equal to the average for 3-19 June.. Executive Board June 2003.

5.7 Projections for CPI-ATE based on different interest rate and exchange

Sources: Statistics Norway and Norges Bank Domestically produced goods and services (0.7). 1) Norges

rising inflation for domestically produced goods and services. The rise in prices for domestically produced goods and services remained at a low level, however, despite an

Our projections for price developments for imported consumer goods in the Inflation Report in 2002 and 2003 underestimated the reduction in price impulses to the Norwegian economy