This is an archived release.
Increase in consumption of goods
Seasonally-adjusted figures show that household consumption of goods rose by 0.7 per cent from August to September, after weak growth in the summer months. Consumption in September was at the same level as in May.
In particular, household consumption of goods like clothes and sports equipment pulled the index up.
Purchases of ‘other goods’ increased by 1.2 per cent in September.
Household consumption of food and beverages rose by 0.4 per cent, while consumption of electricity and heating fuels was up 0.6 per cent.
Purchases of vehicles and engine fuels remained unchanged from August to September.
Without adjusting for seasonal variations, the total household consumption of goods was 0.2 per cent lower in September 2012 than in September 2011.
the same month
|1||Please note that the indices have been revised.|
Comparability to the index of retail sales
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.
Connection to quarterly national accounts
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.
The national accounts have recently carried out a revision of the time series . The index of household consumption of goods, which uses the same methods and definitions as the consumption calculations in the quarterly national accounts, is affected by this revision.
As regards the seasonally-adjusted figures, the figures for previous periods may be revised when a new month is added to the series. For further information, see About seasonal adjustments in the left margin.