Food prices have risen sharply recently. You have to go back to the 80s to find something similar. At eight o’clock on Friday, Statistics Norway (SSB) updated the consumer price index. Inflation is now 6.3 per cent. This shows, among other things, how food prices change in February. In January, prices were 12 per cent higher than in January last year. In February, the price increase decreased somewhat, and is now 8.8 per cent compared with the same month last year. It is usually in February and July that you see the biggest changes in food prices. The suppliers can then adjust their prices in line with the food chains. When news checked food prices at the beginning of February, the price of a can of light cream had increased by 20 per cent in one of the shops. Consumer Price Index (CPI) Shows how the prices of the goods and services that private households demand change. In other words, the CPI shows changes in the consumer prices of goods and services. The consumer price index is usually compared with consumption the previous year. The goods and services that accounted for the largest part of the household budget receive the greatest value. The CPI is often used as a measure of inflation. CPI adjusted for tax changes and without energy goods (CPI-JAE) can be used as an indicator of underlying development in consumer prices, or underlying inflation. Statistics Norway calculates the consumer price index. A rise is expected Overall, news’s survey showed that Coop Extra and Rema 1000 chose to set their prices on 1 February. Extra raise the prices by 10 percent on the selected items. Rema 1000 increased the prices by 8 per cent. A few days later, both decided to drop the prices again. Photo: PÅL TEGNANDER / news This reversal will not last long, said an economics professor at the Norwegian School of Economics (NHH) at the beginning of February. – Now it may be that the prices will rise gradually over time until the summer, because they have to cover these expenses, he told news. Director of Communications in Coop Norway, Bjørn Takle Friis, said that the price adjustment was something the chain could not strictly afford. More discount stores The share of discount stores in the market continued to increase in 2022. At the same time as the number of grocery stores remained stable at 3,855, the share of discount stores increased. Photo: Gorm Kallestad / NTB Butikkane Kiwi, Rema 1000, Coop Extra, Coop Prix and Bunnpris made up 69.9 per cent of the market last year. This is an increase of 1.1 per cent from the previous year.
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These foods have increased the most in price – news Norway – Overview of news from various parts of the country
