More expensive food brought prices up
The consumer price index rose by 0.6 percent from June to July this year. This primarily reflects the more expensive food, which now has a price increase for four consecutive months, according to CPI figures from Statistics Norway (SSB).
– Food prices have traditionally risen somewhat from June to July. This year the increase was 3.1 percent. The rise in meat was 3.2 percent contributing to the increase to the CPI, fish and seafood were the group with the greatest price increase with 5.9 percent, SSB wrote.
Prices for imported agricultural commodities rose by 3.3 percent while the Norwegian agricultural goods increased by 1.9 percent.
Prices of transport services increased by 4.9 percent from June to July and was another important reason for the rise. Airline fares rose 11.1 percent, and particularly with regard to foreign travel.
Source: NTB scanpix / Norway Today
