143697_not-searchable
/en/varehandel-og-tjenesteyting/statistikker/vki/maaned
143697
Increase in household consumption of goods
statistikk
2014-08-13T10:00:00.000Z
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, June 2014

Content

Published:

This is an archived release.

Go to latest release

Increase in household consumption of goods

Household consumption of goods went up 1.5 per cent from May to June 2014, according to seasonally-adjusted figures. There was an increase in all consumption groups, except consumption of electricity and heating fuels.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 13 August 2014
June 2014May 2014April 2014March 2014February 2014
Of all goods1.5-0.1-0.20.90.3
Food, beverages and tobacco1.8-0.30.50.40.1
Electricity and heating fuels-1.73.83.40.3-7.6
Purchases of vehicles and petrol2.9-0.2-4.93.60.5
Other goods1.2-0.60.50.41.7

Source: Statistics Norway

Figure 1. Index of household consumption of goods, seasonally adjusted and unadjusted. 2005=100

Consumption of food and beverages went up 1.8 per cent, and this contributed to pulling up the consumption of goods by 0.6 percentage points. Purchases of vehicles and petrol and other goods also went up.

Consumption of electricity and heating fuels, on the other hand, went down and contributed to pulling down total household consumption by 0.1 percentage points.

Without adjusting for calendar effects and seasonality, household consumption of goods was 0.6 per cent higher in June 2014 than in the same month the year before.

The index of retail sales and the Quarterly National AccountsOpen 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 (initial registration) and consumption of electricity and heating fuels.

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 final consumption expenditure in the Quarterly National Accounts.

Revisions Open and readClose

The National Accounts have recently carried out a revision of the time series (Quarterly National Accounts), but the index of household consumption of goods is only marginally effected by the revision. The index of household consumption of goods, which uses the same methods and definitions as household final consumption expenditure in the Quarterly National Accounts, is affected by this revision.