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249798
Growth in household consumption of goods
statistikk
2016-06-29T10:00:00.000Z
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 grew 0.8 per cent from April to May, according to seasonally-adjusted figures. All consumption groups contributed positively, except consumption of electricity and heating fuels.

Index of household consumption of goods, May 2016

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Growth in household consumption of goods

Household consumption of goods grew 0.8 per cent from April to May, according to seasonally-adjusted figures. All consumption groups contributed positively, 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 29 June 2016
May 2016April 2016March 2016February 2016January 2016
Of all goods0.8-0.2-0.5-0.51.4
Food, beverages and tobacco2.10.7-0.60.00.9
Electricity and heating fuels-6.41.5-3.8-2.212.0
Purchases of vehicles and petrol1.8-1.1-0.3-0.8-0.5
Other goods0.6-0.70.2-0.51.0

Source: Statistics Norway

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

Consumption of food and beverages rose 2.1 per cent, and contributed to pulling up household consumption of goods by 0.7 percentage points. Purchases of vehicles and petrol and other goods also grew.

Consumption of electricity and heating fuels fell 6.4 per cent, and dampened household consumption of goods by 0.5 percentage points. Excluding electricity and heating fuels, household consumption of goods grew 1.4 per cent.

Without adjusting for calendar effects and seasonality, household consumption of goods was 1.1 per cent higher in May 2016 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.