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Small decrease in consumer prices
12
May '08
The CPI fell by 0.1 per cent from March to April. In the same period, the CPI-ATE increased by 0.3 per cent. The CPI rose by 3.1 per cent from April 2007 to April 2008, while the CPI-ATE rose by 2.4 per cent.

The consumer price index (CPI) was 121.9 (1998=100) per April 2008 compared with 118.2 at the same time last year.

This is equivalent to a year-to-year growth of 3.1 per cent, down 0.1 per cent points from last month. The CPI-ATE increased by 2.4 per cent from April 2007 to April 2008, up 0.3 per cent points from March.

Other factors that contributed to dampen the fall in the CPI were prices of clothing and shoes, which rose by 1.9 per cent.

Components that contributed to dampen the year-to-year growth were clothing, which fell 4.1 per cent respectively.

Statistics Norway

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