3240
/en/varehandel-og-tjenesteyting/statistikker/vki/arkiv
3240
Increased consumption of goods in July
statistikk
2009-08-31T10:00:00.000Z
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 goodsDecember 2009

Content

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Increased consumption of goods in July

Household consumption of goods went up by 2.1 per cent from June to July, according to seasonally-adjusted figures. Apart from electricity and heating fuels, there was a general increase in consumption of goods.

Purchases of goods in the group “other goods” showed an increase of 3.6 per cent from June to July this year. This is the group with the largest increase in consumption this period. There was a particular increase in purchases of durable leisure equipment and white goods.

Purchases of vehicles and petrol overall were 2.7 per cent higher in July than in June this year. This increase was mainly caused by increased purchases of vehicles.

Households’ consumption of food, beverages and tobacco showed an increase of 1.4 per cent from June to July, while the consumption of electricity and heating fuels went down by 4.8 per cent.

Higher consumption than in July last year

Without adjustments for seasonal variations, household consumption of goods was 1.8 per cent higher in July 2009 than in the same month in the previous year. It was consumption of clothes and durable leisure equipment in particular that was higher in July this year.

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. Compared to the index of retail sales, the index of 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) and consumption of electricity and heating fuels. This may result in deviations in the development of the two indices. Additionally, it should be borne in mind that the “Standard Industrial Classification” changed on 1 January 2009, which inter alia means that petrol stations from then onwards are a part of retail sales.

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 a high priority to timeliness in the release of statistics, the index of household consumption of goods sometimes has to rely on preliminary estimates, which are replaced in subsequent releases. As regards the seasonally-adjusted figures, the figures for previous periods may be revised when a new observation is added to the series of raw data. For more information about seasonal adjustments of the Index of household consumption of goods, see " About the seasonal adjustments " to the left.

Index of household consumption of goods, July 2009. Sesonally adjusted and unadjusted volume indices. July 2008-July 2009. 1995=1001
Period Sesonally adjusted Change from
previous month.
Per cent
Unadjusted Change from
the same month
last year.
Per cent
2008        
July  146.9 -2.0  150.6 1.1
August  147.1 0.1  147.5 -3.9
September  147.5 0.3  141.7 0.1
October  145.0 -1.7  145.3 -3.5
November  145.5 0.3  144.3 -7.3
December  146.0 0.3  190.5 -0.1
         
2009        
January  144.0 -1.3  137.5 -3.3
February  145.3 0.9  125.9 -7.9
March  143.9 -1.0  138.6 -1.3
April  145.5 1.0  135.9 -7.2
May  147.9 1.7  144.2 -3.7
June  145.0 -2.0  150.9 -0.9
July  148.1 2.1  153.3 1.8
1  Please note that the indices have been revised.