This is an archived release.
Weak increase in consumption of goods
Seasonally-adjusted figures show that household consumption of goods increased by 0.1 per cent from October to November. Electricity and heating fuels contributed to pull down the household consumption by 0.4 percentage points.
Electricity and heating fuels showed a decrease of 4.4 per cent from October to November, after a growth in the two preceding months.
Household consumption of food and beverages rose by 0.4 per cent from October to November, while it was unchanged from September to October. Purchases of vehicles and engine fuels increased by 0.5 per cent in the same period, as did the consumption of goods such as clothes and leisure equipment.
Without adjusting for seasonal variations, the total household consumption of goods was 2.3 per cent higher in November 2012 than in November 2011.
|Period||Sesonally adjusted||Change from|
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 right margin.