This is an archived release.
We shopped for 5.3 per cent more
The value index of retail sales in Norway rose by 5.3 per cent in November 2002 compared with November 2001.
The index excludes sales of motorized vehicles and petrol. The value index of retail sale of food, beverages and tobacco in specialized stores increased by 6.2 per cent in November 2002 compared with November 2001. Retail sale of pharmaceutical and medical goods, cosmetic and toilet articles increased by 5.7 per cent the same period. Retail sale in non-specialized stores, which mainly include grocery stores, rose by 5.7 per cent and the value index of retail sale of new goods in specialized stores increased by 5.4 per cent from November 2001 to November 2002. This sector includes shoes, electrical goods, furniture and building materials.
|Retail Sales indices. November 2002. Final figures. 1995=100|
|November 2002||Per cent|
|October-November 2002||November 2001-November 2002||December 2000-November 2001 - December 2001-November 2002||January-November 2001 - January-November 2002|
|Retail sales value index exclude value added tax : Total excluding motor vehicles and petrol||146.5||5.3||5.3||5.4|
|Retail sales volume index: Total, excluding motor vehicles and petrol. Not seasonally adjusted numbers||:||:||:||:|
|Retail sales volume index: Total, excluding motor vehicles and petrol. Seasonally adjusted numbers||:||:||:||:||:|
Changes in calculations of price index of retail trade and volume index
The price index of retail trade for some industries has had a systematic different development than the price growth in partly comparable sub-indices in the consumer price index. This has created uncertainty in the interpretation of the volume development in retail sales as a measure of the production development in the trade link and as an indicator for the development of commodity consumption in households. With this in mind only a total volume index for retail trade has been published the last two months. This publishing offers no volume index.
Statistics Norway is now changing the method for calculating the price indices for retail trade. When publishing the index of retail sales for December 2002 on the 28 January - the total volume index for retail trade is being calculated according to the new method. Revised volume figures for total retail trade - calculated according to new deflator - will be available at the same time. The different sub-indices will be available later.
Changes in publishing routines
From 28 January Statistics Norway will publish the index of retail trade only once a month. The time of publishing will be moved 3-4 days in relation to the preliminary figures that previously were available on the 23. On the other hand the figures will be as detailed as the previously published final figures about two weeks later.
The price index of retail trade has so far been published at the same time as the consumer price index. As a consequence of changing to a new calculation method Statistics Norway will for the time being not publish a price index for retail trade, either as a total index or broken down to individual industries or groups of industries in connection with the publishing of the consumer price index.
As an indicator of household consumption Statistics Norway also publishes the index of commodity consumption which next time will be published 14 January. From 28 January the indices of retail sales and commodity consumption will be published at the same time.