This is an archived release.
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.
Change from previous
month. Per cent
Change from the same month
last year. Per cent
|1||Please note that the indices have been revised.|