3263
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3263
Household consumption slightly up
statistikk
2008-10-30T10:00:00.000Z
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 , National accounts , Consumption, Income and consumption, National accounts and business cycles, Wholesale and retail trade and service activities
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Index of household consumption of goodsSeptember 2008

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Household consumption slightly up

Household consumption went up by 0.2 per cent from August to September according to seasonally adjusted figures. The increase in car purchases pulled the index upwards. If one disregards the car purchases by households, the total index would show a 0.2 per cent decrease.

Households’ purchases of vehicles and petrol increased by 1.3 per cent from August to September after seasonal variations have been removed.

Households’ consumption of electricity and heating fuels was up by 3.0 per cent in September.

The seasonally adjusted increase in the group of food, beverages and tobacco from August to September was 0.2 percent.

Consumption of ‘other goods’ on the other hand, decreased in September. The 0.6 per cent decrease is mainly due to lower consumption of furniture and IT-equipment.

In September 2008, the index of household consumption of goods in total was 0.2 per cent higher than in September 2007.

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.

Index of household consumption of goods, September 2008. Seasonally adjusted and unadjusted volume indices. September 2007-September 2008. 1995=1001
Period Seasonally
adjusted
Change from previous
month. Per cent
Unadjusted Change from the same month
last year. Per cent
2007        
September  153.7 1.1  143.8 5.0
October  153.4 -0.2  152.9 10.5
November  154.4 0.7  157.9 8.7
December  153.3 -0.7  195.1 4.5
         
2008        
January  151.0 -1.5  144.0 0.7
February  153.6 1.8  138.4 7.9
March  153.4 -0.2  142.0 -5.4
April  152.6 -0.5  148.1 11.8
May  153.3 0.5  152.0 3.0
June  152.1 -0.8  154.5 -3.8
July  150.1 -1.3  153.3 1.4
August  150.5 0.2  150.7 -3.8
September  150.7 0.2  144.2 0.2
1  Please note that the indices have been revised.