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214097
Unchanged household consumption of goods
statistikk
2015-08-28T10:00:00.000Z
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, July 2015

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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.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 28 August 2015
July 2015June 2015May 2015April 2015March 2015
Of all goods-0.11.2-2.01.40.4
Food, beverages and tobacco-0.20.6-3.22.2-0.2
Electricity and heating fuels-4.33.78.4-3.10.5
Purchases of vehicles and petrol-1.71.3-0.50.02.3
Other goods1.51.2-3.42.20.1

Source: Statistics Norway

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

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 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.