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214103
Increase in household consumption of goods
statistikk
2015-11-27T10:00:00.000Z
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, October 2015

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Increase in household consumption of goods

Household consumption of goods increased by 0.6 per cent from September to October, according to seasonally-adjusted figures. This followed a low growth from July.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 27 November 2015
October 2015September 2015August 2015July 2015June 2015
Of all goods0.6-0.8-0.60.01.2
Food, beverages and tobacco0.9-0.81.8-0.30.9
Electricity and heating fuels-0.80.2-3.4-4.84.2
Purchases of vehicles and petrol-0.5-2.01.8-1.71.0
Other goods1.1-0.4-2.91.80.9

Source: Statistics Norway

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

The consumption of food and beverages went up by 0.9 per cent and pulled up total household consumption of goods by 0.3 percentage points. There was also an increase in the consumption of other goods, such as cosmetics, clothes and shoes, and this pulled up the household consumption of goods by 0.5 percentage points.

The consumption of electricity and heating fuels was down 0.8 per cent, and there was also a decrease in purchases of vehicles and petrol.

Without adjusting for calendar effects and seasonality, household consumption of goods was 0.4 per cent higher in October 2015 than 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.