This is an archived release.
Cars pulled consumption of goods up
Seasonally-adjusted figures show that household consumption of goods increased by 0.9 per cent from December to January. The main reason for the increase was the purchase of new cars.
|January 2013||December 2012||November 2012||October 2012||September 2012|
|Of all goods||0.9||0.1||0.2||-1.0||1.2|
|Food, beverages and tobacco||0.0||0.7||0.4||0.2||0.4|
|Electricity and heating fuels||-6.2||8.0||-2.2||-0.2||4.5|
|Purchases of vehicles and petrol||5.7||-5.0||0.5||-0.9||0.9|
The increase in consumption of cars was 5.7 per cent from December to January, after a decline last month. Household purchases of other goods, such as clothing and leisure equipment also showed an increase from December to January.
Electricity and heating fuels decreased by 6.2 per cent, thereby pushing down household consumption by 0.6 percentage points. Consumption of food and beverages was approximately unchanged from December to January.
Without adjusting for seasonal variations, the total household consumption of goods was 3.9 per cent higher in January 2013 than in January 2012.
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.