This is an archived release.
Increase in household consumption of goods
Household consumption of goods increased by 0.6 per cent from September to October, according to seasonally-adjusted figures. This followed a low growth from July.
|October 2015||September 2015||August 2015||July 2015||June 2015|
|Of all goods||0.6||-0.8||-0.6||0.0||1.2|
|Food, beverages and tobacco||0.9||-0.8||1.8||-0.3||0.9|
|Electricity and heating fuels||-0.8||0.2||-3.4||-4.8||4.2|
|Purchases of vehicles and petrol||-0.5||-2.0||1.8||-1.7||1.0|
The consumption of food and beverages went up by 0.9 per cent and pulled up total household consumption of goods by 0.3 percentage points. There was also an increase in the consumption of other goods, such as cosmetics, clothes and shoes, and this pulled up the household consumption of goods by 0.5 percentage points.
The consumption of electricity and heating fuels was down 0.8 per cent, and there was also a decrease in purchases of vehicles and petrol.
Without adjusting for calendar effects and seasonality, household consumption of goods was 0.4 per cent higher in October 2015 than 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.