The harmonized index of consumer prices (HICP) for Norway rose 0.3 per cent from May to June. Higher airfares and prices of food and fuel contributed to pulling the HICP up, while lower prices on electricity and furniture pulled the HICP in the opposite direction.
The HICP for Norway was 120.6 (2005=100) in June 2015, compared to 117.5 the same month in the previous year. The year-to-year growth was 2.6 per cent in June, up 0.6 percentage points from May.
Preliminary data for May 2015 show that the HICP was 121.4 (2005=100) for both the EU and the EEA, while the HICP for the euro area was 118.5 (2005=100).
The preliminary year-to-year growth in the HICP for May was 0.3 per cent for the EU, the EEA and the euro area. The year-to-year growth for June in the euro area is estimated at 0.2 per cent.