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Household consumption up in July
statistikk
2010-08-30T10:00:00.000Z
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
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Index of household consumption of goods, July 2010

Content

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Household consumption up in July

Household consumption of goods was 0.7 per cent higher in July than in June, according to seasonally-adjusted figures.

Consumption of food, beverages and tobacco, as well purchases of cars, spare parts and fuel, remained unchanged from June to July. Consumption of electricity and heating fuels, on the other hand, showed a decrease of 3.7 per cent.

Households’ consumption of goods in the group ‘other goods’ increased by 1.9 per cent in July. There was a general increase within this group.

Without adjustments for seasonal variations, the household consumption of goods was 2.7 per cent higher in July compared with the same month in the previous year.

Index of household consumption of goods, July 2010. Seasonally adjusted and unadjusted volume indices. July 2009-July 2010. 1995=1001
 
Period Sesonally adjusted Change from previous month. Per cent Unadjusted Change from the same month last year. Per cent
 
2009        
July  149.5 2.4  154.5 2.1
August  150.6 0.8  149.5 1.1
September  150.0 -0.4  145.1 2.1
October  153.5 2.3  154.0 5.9
November  151.3 -1.5  149.5 3.8
Desember  153.2 1.3  200.2 5.4
         
2010        
January  154.3 0.7  144.8 5.9
February  152.8 -1.0  132.7 6.1
March  151.8 -0.7  157.7 14.2
April  151.4 -0.3  134.7 -1.1
May  152.4 0.7  145.1 0.1
June  152.5 0.1  160.4 5.5
July  153.6 0.7  158.6 2.7
 
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 part of retail sales.

 

Connection to quarterly national accounts

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.

 

Revisions

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.

Seasonally-adjusted figures

As regards the seasonally-adjusted figures, the figures for previous periods may be revised when a new month is added to the series. For further information, see About seasonal adjustments in the left column.

Tables

Published tables