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Increase in household consumption of goods
statistikk
2017-03-02T08:00:00.000Z
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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Index of household consumption of goods, January 2017

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Increase in household consumption of goods

Household consumption of goods rose 0.4 per cent from December to January, according to seasonally adjusted figures.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 2 March 2017
January 2017December 2016November 2016October 2016September 2016
Of all goods0.4-1.91.10.6-0.5
Food, beverages and tobacco1.1-1.10.2-0.60.4
Electricity and heating fuels-1.4-10.27.23.8-3.7
Purchases of vehicles and petrol1.12.80.2-0.51.0
Other goods-0.1-3.11.11.7-1.3

Source: Statistics Norway

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

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 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.