This is an archived release.
Minor change in household consumption
Seasonally adjusted figures for household consumption was almost unchanged from March to April. Purchase of vehicles and petrol pushed the index down. Consumption of foodstuffs went however up.
Easter this year fell in a different month than last year. As a result, the seasonally adjusted figures are more uncertain than usual.
Vehicles and petrol purchased by the households went down by 2.5 per cent from March to April. The number of the newly registered cars was relatively high in April. However, due to the correction of the Easter effect, seasonally adjusted figures show a decrease in the purchase of vehicles.
The consumption of foodstuffs and beverages showed an increase of 0.8 per cent in April. At the same time a slight decrease was registered in the group ‘other goods’. Consumption of clothing and footwear that belong to this group showed a sharp fall, while the consumption of furniture and durables and photo and electronic equipment increased some.
Household consumption of electricity and heating fuels rose by almost 1.5 per cent. While the consumption of electricity went up, consumption of heating oils decreased.
Method differs from the index of retail sales
The index of household consumption of goods describes the development in household consumption, while the index of retail sales measures the development in retail sales. As opposed to the index of retail sales, the index household consumption of goods has a wider selection of goods. The calculation of the index of household consumption of goods is based on information from the index of retail sales plus purchases of cars (initial registration), sales data from petrol stations (petrol and other goods) and consumption of electricity and heating fuels. This may result in deviations in the development of the two indices.
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 consumption in the quarterly national accounts.
Since Statistics Norway gives high priority to timeliness in the release of statistics, the index of household consumption of goods may have to rely on preliminary estimates in some cases. This implies that such estimates will be replaced in subsequent releases.
Change from the
same month last year.
|1||Please note that the indices have been revised.|