3226_not-searchable
/en/varehandel-og-tjenesteyting/statistikker/vki/arkiv
3226
Households’ consumption down 0.5 per cent
statistikk
2010-03-30T10:00:00.000Z
Wholesale and retail trade and service activities;Income and consumption;National accounts and business cycles
en
vki, Index of household consumption of goods, volume index, household consumption (for example car purchase, food consumption, electricity consumption)Wholesale and retail trade , Consumption, National accounts , Income and consumption, National accounts and business cycles, Wholesale and retail trade and service activities
false

Index of household consumption of goods, February 2010

Content

Published:

This is an archived release.

Go to latest release

Households’ consumption down 0.5 per cent

Household consumption of goods decreased by 0.5 per cent in February compared with the previous month according to seasonally-adjusted figures. The decrease was a result of a fall in consumption of electricity and heating fuels as well as purchases and use of vehicles.

In February, the consumption of electricity and heating fuels was 5.5 per cent lower than in January, whereas purchases and use of vehicles showed a decrease of 4.7 per cent. When excluding these groups from the calculations, the index of household consumption of goods would have shown an increase of 0.9 per cent.

The households’ purchases of furniture, clothes and leisure articles contributed in pulling the index up. The consumption of ‘other goods’, in which the aforementioned goods are included, increased by 1 per cent.

There was also an increase of the households’ consumption of food, beverages and tobacco compared with January. The increase here was 0.7 per cent.

Without adjustments for seasonal variations, the household consumption of goods was 6.1 per cent higher in February 2010 than in February 2009.

Index of household consumption of goods, February 2010. Sesonally adjusted and unadjusted volume indices. February 2009-February 2010. 1995=1001
 
Period Sesonally adjusted Change from previous
month. Per cent		 Unadjusted Change from the same
month last year. Per cent
 
2009        
February  144.9 1.2  125.0 -8.5
March  144.0 -0.6  138.1 -1.6
April  145.9 1.3  136.0 -7.2
May  148.6 1.8  144.7 -3.7
June  145.5 -2.1  151.9 -0.7
July  149.5 2.8  154.7 2.1
August  150.3 0.5  149.3 0.7
September  150.1 -0.2  145.0 2.0
October  153.6 2.4  154.0 5.8
November  151.4 -1.5  149.4 3.8
Desember  153.5 1.4  200.2 5.3
         
2010        
January  154.7 0.8  144.7 5.9
February  153.9 -0.5  132.7 6.1
 
1  Please note that the indices have been revised.

Method differs from the index of retail sales

The index of household consumption of goods describes the development in household consumption, while the index of retail sales measures the development in retail sales. Compared to the index of retail sales, the index of household consumption of goods has a wider selection of goods. The calculation of the index of household consumption of goods is based on information from the index of retail sales, plus purchases of cars (initial registration) and consumption of electricity and heating fuels. This may result in deviations in the development of the two indices. Additionally, it should be borne in mind that the “Standard Industrial Classification” changed on 1 January 2009, which inter alia means that petrol stations from then onwards are a part of retail sales.

 

The index of household consumption of goods uses the same definitions and methods of compilation as the quarterly national accounts, and thus serves as an indicator of household consumption in the quarterly national accounts.

 

Since Statistics Norway gives a high priority to timeliness in the release of statistics, the index of household consumption of goods sometimes has to rely on preliminary estimates, which are replaced in subsequent releases.

 

As regards the seasonally-adjusted figures, the figures for previous periods may be revised when a new month is added to the series. Read more about seasonal adjustments .

Tables

Published tables