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85181
Increase in consumption of goods
statistikk
2012-10-31T10:00:00.000Z
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, September 2012

Content

Published:

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Increase in consumption of goods

Seasonally-adjusted figures show that household consumption of goods rose by 0.7 per cent from August to September, after weak growth in the summer months. Consumption in September was at the same level as in May.

Index of household consumption of goods, seasonally adjusted. 2005=100

In particular, household consumption of goods like clothes and sports equipment pulled the index up.

Purchases of ‘other goods’ increased by 1.2 per cent in September.

Household consumption of food and beverages rose by 0.4 per cent, while consumption of electricity and heating fuels was up 0.6 per cent.

Purchases of vehicles and engine fuels remained unchanged from August to September.

Without adjusting for seasonal variations, the total household consumption of goods was 0.2 per cent lower in September 2012 than in September 2011.

Index of household consumption of goods, September 2012. Seasonally adjusted and unadjusted volume indices. September 2011-September 2012. 2005=1001
Period Sesonally
adjusted 		     Change from
previous month.
Per cent 		     Unadjusted      Change from
the same month
last year.
Per cent
2012        
September  122.0 0.7  116.2 -0.2
August  121.2 0.2  125.4 1.9
July  121.0 0.2  121.0 2.4
June  120.8 -1.3  127.8 4.6
May  122.4 1.0  122.7 2.6
April  121.2 1.4  109.2 -3.5
March  119.6 -0.2  121.7 5.2
February  119.9 0.9  109.1 5.0
January  118.8 0.3  114.7 4.3
         
2011        
December  118.4 0.2  153.4 0.2
November  118.2 -0.4  122.5 -0.9
October  118.8 0.3  116.9 0.6
September  118.5 -0.7  116.4 2.6
1  Please note that the indices have been revised.


Comparability to the index of retail sales

The index of household consumption of goods describes the development in household consumption of goods. For goods sold in the retailing industry, the index of retail sales is the main source. The index of household consumption of goods also includes purchases of cars (initial registration) and consumption of electricity and heating fuels.

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.

The national accounts have recently carried out a revision of the time series . The index of household consumption of goods, which uses the same methods and definitions as the consumption calculations in the quarterly national accounts, is affected by this revision.

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 margin.