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249790
Increase in household consumption of goods
statistikk
2016-12-29T08:00:00.000Z
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 went up 1.0 per cent from October to November, according to seasonally adjusted figures. Much of the increase was due to a marked rise in the consumption of electricity.

Index of household consumption of goods, November 2016

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Increase in household consumption of goods

Household consumption of goods went up 1.0 per cent from October to November, according to seasonally adjusted figures. Much of the increase was due to a marked rise in the consumption of electricity.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 29 December 2016
November 2016October 2016September 2016August 2016July 2016
Of all goods1.00.6-0.50.5-0.7
Food, beverages and tobacco0.4-0.50.50.4-1.6
Electricity and heating fuels5.73.2-3.13.03.3
Purchases of vehicles and petrol0.1-0.80.90.7-1.2
Other goods1.01.8-1.40.2-0.4

Source: Statistics Norway

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

The consumption of electricity and heating fuels increased 5.7 per cent in November and pulled up the consumption of goods 0.4 percentage points. The consumption of other goods, such as clothing, shoes, furniture and appliances, increased 1.0 per cent from October to November, while the consumption of food and beverages increased 0.4 per cent. In combination these two consumption groups contributed to pulling up the consumption of goods 0.6 percentage points. 

Households’ purchases of vehicles and petrol were roughly unchanged from the month before. 

Without adjusting for calendar effects and seasonality, household consumption of goods was 3.8 per cent higher in November 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.