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Increase in household consumption of goods
statistikk
2016-09-28T08:00:00.000Z
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 increased 0.6 per cent from July to August, according to seasonally adjusted figures.

Index of household consumption of goods, August 2016

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Increase in household consumption of goods

Household consumption of goods increased 0.6 per cent from July to August, according to seasonally adjusted figures. There was a general increase in all consumption groups.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 28 September 2016
August 2016July 2016June 2016May 2016April 2016
Of all goods0.6-0.8-0.40.9-0.1
Food, beverages and tobacco0.7-1.6-1.52.10.5
Electricity and heating fuels2.93.12.3-6.12.1
Purchases of vehicles and petrol0.5-1.6-0.71.2-0.9
Other goods0.2-0.40.20.8-0.7

Source: Statistics Norway

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

There was an increase in household consumption of electricity and heating fuels by 2.9 per cent from July to August. This contributed to pulling up household consumption of goods 0.2 percentage points. Consumption of food and beverages increased 0.7 per cent following a decline the month before. The purchases of vehicles and petrol and other goods increased, and, in combination, they pulled up household consumption 0.2 percentage points.

Without adjusting for calendar effects and seasonality, household consumption of goods was 2.1 per cent higher in August 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.