The island festival in Tøyenparken starts this week, and the area is full of festive spectators.
The festival takes place until Saturday and is Norway’s largest. Roughly 20,000 visitors visit daily. Among this year’s headliners are Blur, Susanne Sundfør, Håkan Hellström, Devo and Sigrid.
This year’s prices, on the other hand, have not gone unnoticed.
– Continuous assessment
Much more expensive
The price for a weekly pass has according to Today’s business has been a full ten percent higher this year compared to last year, and now costs NOK 3,800.
– We believe this is a natural price increase on a par with the price increase elsewhere in the country, says PR manager Jonas Prangerød to Dagbladet.
DN has also compared what food and drink consumption on the island costs in one day this year compared to last year. Avisa has taken as its starting point the consumption of an ordinary festival participant.
– The price increase is 12 per cent, DN concludes.
– We have to
Mattis Mikkelsen is referred to by DN as a regular festival participant. Mikkelsen estimates that he buys around six beers and two meals during a festival day. A cost that is now significantly more expensive than last year.
The PR manager defends the prices by saying that those who sell the food must make a profit, in order for the calculations to work out for them financially.
– We are completely dependent on the price increase. Raw materials and other costs are increasing for us too, we simply have to, says Prangerød to Dagbladet.
He points out that until now they have not received much feedback that the festival has become more expensive.
– I know that some employees have heard some small complaints, but it is not something that happens frequently, says Prangerød.
– Much higher price growth
New figures from Statistics Norway showed on Thursday that price growth in Norway has moderated in July.
DN’s economists believe it will take a long time before Norges Bank gets inflation down to the target of two percent.
Nevertheless, the newspaper concludes that calculations from the Øya Festival show a price increase that is far higher than the general price increase.
The consumer price index, which shows the price development of goods and services, is now 5.4 per cent higher than a year ago, while core inflation ended up at 6.4, according to the newspaper.
2023-08-12 10:24:50
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