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Chapter 5 Prices

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Academic year: 2022

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According to the quarterly national accounts, electricity production pushed down GDP growth by 0.3 percentage point in 2003. Sources: Statistics Norway and

This paper describes the new indicator of underlying inflation used at Norges Bank, the consumer price index adjusted for tax changes and excluding temporary changes in energy

1) The calculations are based on Norges Bank's projections for the output gap, consumer prices adjusted for tax changes and excluding temporary changes in energy prices (CPIXE)

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

Source: Norges Bank.. When the effects of the krone appreciation of recent years gradually unwind, prices for imported consumer goods are expected to rise again also in NOK terms.