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91781
Weak increase in consumption of goods
statistikk
2013-01-09T10:00:00.000Z
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, November 2012

Content

Published:

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Weak increase in consumption of goods

Seasonally-adjusted figures show that household consumption of goods increased by 0.1 per cent from October to November. Electricity and heating fuels contributed to pull down the household consumption by 0.4 percentage points.

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

Electricity and heating fuels showed a decrease of 4.4 per cent from October to November, after a growth in the two preceding months.

Household consumption of food and beverages rose by 0.4 per cent from October to November, while it was unchanged from September to October. Purchases of vehicles and engine fuels increased by 0.5 per cent in the same period, as did the consumption of goods such as clothes and leisure equipment.

Without adjusting for seasonal variations, the total household consumption of goods was 2.3 per cent higher in November 2012 than in November 2011.

Index of household consumption of goods, November 2012. Seasonally adjusted and unadjusted volume indices. September 2011-November 2012. 2005=100 1
 
PeriodSesonally adjustedChange from
previous month.
Per cent		UnadjustedChange from
the same month
last year.
Per cent
 
2012    
November 124.20.1 127.02.3
October 124.2-1.0 123.64.5
September 125.51.1 117.0-0.3
August 124.00.1 125.91.6
July 123.90.0 121.22.3
June 123.9-1.3 128.04.5
May 125.51.0 123.32.5
April 124.21.4 109.9-3.2
March 122.5-0.4 123.44.7
February 123.00.8 111.34.9
January 122.1-0.1 116.64.2
     
2011    
December 122.20.2 155.60.5
November 121.9-0.6 124.2-0.7
October 122.60.7 118.20.5
September 121.7-0.7 117.43.4
 
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 right margin.

 

Tables

Index of household consumption of goods - tables