This is an archived release.
Significant decrease in household consumption of goods
Household consumption of goods went down 1.7 per cent from June to July 2014, according to seasonally-adjusted figures. This is the lowest level of household consumption of goods since January this year.
|July 2014||June 2014||May 2014||April 2014||March 2014|
|Of all goods||-1.7||1.0||-0.2||-0.3||0.9|
|Food, beverages and tobacco||-0.9||1.5||-0.3||0.4||0.4|
|Electricity and heating fuels||-3.5||-2.8||4.6||2.9||0.1|
|Purchases of vehicles and petrol||-3.4||2.2||-0.3||-4.9||3.6|
All consumption of goods showed a seasonally-adjusted decease. Consumption of electricity and heating fuels and purchases of vehicles and petrol showed the biggest decrease from June to July. The consumption of these two groups fell 3.5 per cent and 3.4 per cent respectively. Purchases of vehicles and petrol pulled down the household consumption of goods by 0.6 percentage points, while consumption of electricity and heating fuels did the same but only by 0.3 percentage points.
Consumption of food and beverages went down 0.9 per cent, and this contributed to pulling down the consumption of goods by 0.3 percentage points. Purchases of other goods also showed a decrease in the seasonally-adjusted figures.
Without adjusting for calendar effects and seasonality, household consumption of goods was 1.5 per cent higher in July 2014 than in the same month the year before.