This is an archived release.
Stable consumption of goods
Seasonally-adjusted figures show that household consumption of goods increased by 0.1 per cent from November to December. A decline in purchases of vehicles and engine fuels softened the growth by 0.9 percentage points.
|Percentage change from the previous month, seasonally adjusted|
|August 2012||September 2012||October 2012||November 2012||December 2012|
|Of all goods||0.2||1.2||-1.0||-0.1||0.1|
|Food, beverages and tobacco||1.3||0.3||0.1||0.6||0.9|
|Electricity and heating fuels||0.5||4.9||1.1||-5.6||7.9|
|Purchases of vehicles and petrol||0.6||0.6||-1.0||0.3||-5.5|
The decline in purchases of vehicles etc. was 5.5 per cent from November to December. Electricity and heating fuels increased, however, by 7.9 per cent, and pulled the index up by 0.7 percentage points.
Household consumption of food and beverages rose by 0.9 per cent in the same period, while purchases of other goods, such as clothes and leisure equipment, increased by 0.1 per cent.
Without adjusting for seasonal variations, the total household consumption of goods was 1.1 per cent lower in December 2012 than in December 2011.
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 and consumption of electricity and heating fuels.
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 month is added to the series. For further information, see "seasonal adjustment" in the right margin.