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92970
Stable consumption of goods
statistikk
2013-01-31T10:00:00.000Z
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, December 2012

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Stable consumption of goods

Seasonally-adjusted figures show that household consumption of goods increased by 0.1 per cent from November to December.  A decline in purchases of vehicles and engine fuels softened the growth by 0.9 percentage points.

Index of household consumption of goods. Percentage change from the previous month. Seasonally adjusted figuresPublished 31 January 2013
Percentage change from the previous month, seasonally adjusted
August 2012September 2012October 2012November 2012December 2012
Of all goods0.21.2-1.0-0.10.1
Food, beverages and tobacco1.30.30.10.60.9
Electricity and heating fuels0.54.91.1-5.67.9
Purchases of vehicles and petrol0.60.6-1.00.3-5.5
Other goods-0.81.3-2.30.40.1

Source: Statistics Norway

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

The decline in purchases of vehicles etc. was 5.5 per cent from November to December. Electricity and heating fuels increased, however, by 7.9 per cent, and pulled the index up by 0.7 percentage points.

Household consumption of food and beverages rose by 0.9 per cent in the same period, while purchases of other goods, such as clothes and leisure equipment, increased by 0.1 per cent.

Without adjusting for seasonal variations, the total household consumption of goods was 1.1 per cent lower in December 2012 than in December 2011.

Comparability to the index of retail sales Open and readClose

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 and consumption of electricity and heating fuels.

Connection to quarterly national accountsOpen and readClose

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 Open and readClose

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 figuresOpen and readClose

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 "seasonal adjustment" in the right margin.