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239004
Decline in household consumption of goods
statistikk
2016-01-29T10:00:00.000Z
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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Household consumption of goods fell 1.4 per cent in December 2015, according to seasonally-adjusted figures.

Index of household consumption of goods, December 2015

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Decline in household consumption of goods

Household consumption of goods fell 1.4 per cent in December 2015, according to seasonally-adjusted figures.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 29 January 2016
December 2015November 2015October 2015September 2015August 2015
Of all goods-1.40.90.6-0.7-0.6
Food, beverages and tobacco0.6-0.50.9-0.81.7
Electricity and heating fuels-2.2-0.6-1.10.4-3.3
Purchases of vehicles and petrol0.60.6-0.3-2.01.8
Other goods-3.72.31.1-0.3-3.0

Source: Statistics Norway

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

Consumption of other goods, notably clothing, shoes, furniture, appliances and ICT equipment, pulled down the total household consumption of goods. Consumption of these goods fell 3.7 per cent, which contributed to pulling down household consumption by 1.6 percentage points. Consumption of electricity and heating fuels went down 2.2 per cent.

Consumption of food and beverages and purchases of vehicles and petrol both went up 0.6 per cent. These consumption groups dampened the decline by 0.3 percentage points.

Without adjusting for calendar effects and seasonality, household consumption of goods was 1.2 per cent lower in December 2015 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.