Volume 1: Consumer Price Indices

Norway

Official title

Consumer Price Index.

Scope

The index is compiled monthly and covers all private households in the country.

Official base

1979 = 100.

Source of weights

The weights are calculated as the average expenditure shares obtained from the expenditure surveys conducted during the last three years. As from August 1991 the weights are obtained from 1988, 1989 and 1990 surveys. The selected items and weights are continuously revised. The following weights relate to August 1991-July 1992.

Weights and composition

Major groups Number of items Weights Approximate number of price quotations
Food 241152.127910
Beverages and tobacco 4536.01360
Clothing and footwear 8967.43910
Housing (incl. repairs and maintenance) 29215.41930
Fuel and light 547.5130
Furniture, furnishings and household equipment 11381.55180
Medical care and health expenses 2523.3120
Transport and communication 105199.01460
Education, recreation and entertainment 6298.3760
Miscellaneous goods and services 6681.12020
Total 7801001.644780

Household consumption expenditure

Consumption expenditure for the purpose of the index comprises all goods and services purchased for consumption by the index population. The consumption expenditure for durable goods corresponds to the difference between expenses in connection with purchase of new goods and the sale of old goods. Payments on hire purchase are included, as are consumption of own-produced commodities and gifts received. It excludes direct taxes, savings and investment, personal loans, life insurance premiums, contributions to pension funds and gifts given away.

Method of data collection

Prices are collected by agents from about 1,400 selected retail stores and service establishments. Most of the items are priced on the 15th of each month. The prices used in the index are the regular prices paid by any member of the public.

Housing

Rent data are collected each quarter from about 1,800 dwellings.

Specification of varieties

The specifications of items to be priced are given in detail in terms of brand, make and size, etc.

Substitution, quality change, etc.

If a product is not available in the outlet, a similar product to the original is substituted.

Seasonal items

Seasonal fluctuations in the prices of certain fresh fruits, vegetables and fish are taken into account by using the average prices of the preceding season during the off season.

Computation

From August 1982, the index is a Laspeyres chain index with yearly links. The weights are changed in August each year. The monthly index is first computed by item for each area as the price change of the unweighted arithmetic mean of all the prices for an item. The average level of prices in the previous July is taken as 100. The monthly index for an item for the whole country is computed by weighting the price changes for the various areas according to their relative share in the country's turnover.

Organisation and publication

Statistisk sentralbyrä (Central Bureau of Statistics): Statistisk Mänedshefte (Monthly Bulletin of Statistics) (Oslo).