This is an archived release.
Unchanged household consumption of goods
Household consumption of goods was at the same level in July as in June 2015, according to seasonally-adjusted figures. The consumption of other goods saw an increase, while the consumption of electricity and heating fuels and car purchases experienced a decrease.
|July 2015||June 2015||May 2015||April 2015||March 2015|
|Of all goods||-0.1||1.2||-2.0||1.4||0.4|
|Food, beverages and tobacco||-0.2||0.6||-3.2||2.2||-0.2|
|Electricity and heating fuels||-4.3||3.7||8.4||-3.1||0.5|
|Purchases of vehicles and petrol||-1.7||1.3||-0.5||0.0||2.3|
The household’s purchases of vehicles and petrol fell 1.7 per cent in July, and this contributed to pulling down the household consumption of goods by 0.3 percentage points. The downturn in car purchases came after a strong increase in June. The consumption of electricity and heating fuels also fell in July, following two months with good growth. The consumption of food and beverages was practically unchanged from June to July.
The consumption of other goods, including clothes, shoes and sporting equipment, showed an increase of 1.5 per cent in July. This pulled up household consumption of goods by 0.6 percentage points.
Without adjusting for calendar effects and seasonality, household consumption of goods was 2.6 per cent higher in July 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.