This is an archived release.
Decline in household consumption of goods
Household consumption of goods fell 1.4 per cent in December 2015, according to seasonally-adjusted figures.
|December 2015||November 2015||October 2015||September 2015||August 2015|
|Of all goods||-1.4||0.9||0.6||-0.7||-0.6|
|Food, beverages and tobacco||0.6||-0.5||0.9||-0.8||1.7|
|Electricity and heating fuels||-2.2||-0.6||-1.1||0.4||-3.3|
|Purchases of vehicles and petrol||0.6||0.6||-0.3||-2.0||1.8|
Consumption of other goods, notably clothing, shoes, furniture, appliances and ICT equipment, pulled down the total household consumption of goods. Consumption of these goods fell 3.7 per cent, which contributed to pulling down household consumption by 1.6 percentage points. Consumption of electricity and heating fuels went down 2.2 per cent.
Consumption of food and beverages and purchases of vehicles and petrol both went up 0.6 per cent. These consumption groups dampened the decline by 0.3 percentage points.
Without adjusting for calendar effects and seasonality, household consumption of goods was 1.2 per cent lower in December 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.