This is an archived release.
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.
|March 2015||February 2015||January 2015||December 2014||November 2014|
|Of all goods||0.3||0.8||-0.4||0.1||0.8|
|Food, beverages and tobacco||-0.1||-0.6||0.5||1.3||-0.7|
|Electricity and heating fuels||0.5||1.9||-2.6||2.4||1.7|
|Purchases of vehicles and petrol||2.1||0.3||0.3||0.1||1.8|
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 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.