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Household consumption of goods slightly up
statistikk
2015-04-29T10:00:00.000Z
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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Household consumption of goods went up 0.3 per cent from February to March, according to seasonally-adjusted figures.

Index of household consumption of goods, March 2015

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Household consumption of goods slightly up

Household consumption of goods went up 0.3 per cent from February to March, according to seasonally-adjusted figures. Purchases of vehicles was the main contributor to the increase.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 29 April 2015
March 2015February 2015January 2015December 2014November 2014
Of all goods0.30.8-0.40.10.8
Food, beverages and tobacco-0.1-0.60.51.3-0.7
Electricity and heating fuels0.51.9-2.62.41.7
Purchases of vehicles and petrol2.10.30.30.11.8
Other goods-0.32.1-1.0-1.11.5

Source: Statistics Norway

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

Purchases of vehicles and petrol increased by 2.1 per cent from February to March, and contributed to an increase in total consumption of 0.4 percentage points. Consumption of electricity and heating fuels went slightly up by 0.5 per cent.

On the other hand, consumption of other goods declined by 0.3 per cent, following an increase the month before, according to seasonally-adjusted figures. The consumption of food and beverages remained unchanged.

Without adjusting for calendar effects and seasonality, household consumption of goods was 6.9 per cent higher in March 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.