Increase in household consumption of goods
Household consumption of goods rose 0.4 per cent from December to January, according to seasonally adjusted figures.
|January 2017||December 2016||November 2016||October 2016||September 2016|
|Of all goods||0.4||-1.9||1.1||0.6||-0.5|
|Food, beverages and tobacco||1.1||-1.1||0.2||-0.6||0.4|
|Electricity and heating fuels||-1.4||-10.2||7.2||3.8||-3.7|
|Purchases of vehicles and petrol||1.1||2.8||0.2||-0.5||1.0|
There was an increase in the consumption of food and beverages of 1.1 per cent in January, after a similar fall in the month before. Purchases of vehicles and petrol also rose and contributed to pulling up the consumption of goods by 0.2 percentage points.
The consumption of electricity and heating fuels fell 1.4 per cent and pulled down household consumption of goods 0.1 percentage points. The consumption of other goods was the same as in December.
Without adjusting for calendar effects and seasonality, household consumption of goods was 0.8 per cent higher in January 2017 than in the same month the year before.
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.