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Increase in household consumption of goods
statistikk
2015-03-27T10:00:00.000Z
Wholesale and retail trade and service activities;Income and consumption;National accounts and business cycles
en
vki, Index of household consumption of goods, volume index, household consumption (for example car purchase, food consumption, electricity consumption)Wholesale and retail trade , Consumption, National accounts , Income and consumption, National accounts and business cycles, Wholesale and retail trade and service activities
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Index of household consumption of goods, February 2015

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Increase in household consumption of goods

Household consumption of goods went up 0.9 per cent from January to February, according to seasonally-adjusted figures. It was mainly other goods that contributed to the increase.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 27 March 2015
February 2015January 2015December 2014November 2014October 2014
Of all goods0.9-0.40.20.90.3
Food, beverages and tobacco-0.50.41.3-0.6-0.1
Electricity and heating fuels1.8-2.62.21.7-2.3
Purchases of vehicles and petrol0.30.20.11.70.7
Other goods2.0-0.9-1.01.51.0

Source: Statistics Norway

Figure 1. Index of household consumption of goods, seasonally adjusted and unadjusted. 2005=100

Consumption of other goods increased by 2.0 per cent and contributed to pulling up total consumption of goods by 0.8 percentage points. Consumption of electricity and heating fuels went up by 1.8 per cent.

Purchases of vehicles and petrol went slightly up, while consumption of food and beverages went down by 0.5 per cent.

Without adjusting for calendar effects and seasonality, household consumption of goods was 2.1 per cent higher in February 2015 than in the same month the year before.

The index of retail sales and the Quarterly National AccountsOpen and readClose

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.

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 final consumption expenditure in the Quarterly National Accounts.