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Decrease in household consumption of goods
statistikk
2017-01-30T08:00:00.000Z
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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The statistics show household consumption of goods. Household consumption of goods fell 1.7 per cent from November to December, according to seasonally adjusted figures.

Index of household consumption of goods, December 2016

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Decrease in household consumption of goods

Household consumption of goods fell 1.7 per cent from November to December, according to seasonally adjusted figures.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 30 January 2017
December 2016November 2016October 2016September 2016August 2016
Of all goods-1.71.10.6-0.50.5
Food, beverages and tobacco-0.90.3-0.60.40.4
Electricity and heating fuels-10.07.23.8-3.62.8
Purchases of vehicles and petrol2.70.3-0.71.00.8
Other goods-2.91.11.7-1.30.0

Source: Statistics Norway

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

The consumption of electricity and heating fuels fell 10 per cent in December and pulled down household consumption of goods almost 0.8 percentage points. Consumption of food and beverages fell 0.9 per cent; other goods fell 2.9 per cent.

Households’ purchases of vehicles and petrol went up 2.7 per cent, which dampened the decrease in household consumption of goods by 0.5 percentage points.

Without adjusting for calendar effects and seasonality, household consumption of goods was 0.8 per cent lower in December 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.