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239010
Households hold back
statistikk
2016-04-28T10:00:00.000Z
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
false
Household consumption of goods fell by 0.3 per cent in March 2016, according to seasonally-adjusted figures.

Index of household consumption of goods, March 2016

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Households hold back

Household consumption of goods fell by 0.3 per cent in March 2016, according to seasonally-adjusted figures. Much of the decrease was caused by a drop in consumption of electricity and heating fuels.

Index of household consumption of goods. Main table. Percentage volume change from the previous month. Seasonally adjusted. 2005=100Published 28 April 2016
March 2016February 2016January 2016December 2015November 2015
Of all goods-0.3-0.71.5-1.70.9
Food, beverages and tobacco-0.7-0.10.80.3-0.4
Electricity and heating fuels-3.3-5.313.1-2.8-0.8
Purchases of vehicles and petrol0.0-0.8-0.50.60.5
Other goods0.3-0.41.0-4.12.4

Source: Statistics Norway

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

The consumption of electricity and heating fuels fell by 3.3 per cent and contributed to pulling down the consumption of goods by more than 0.2 percentage points. There was also a decrease in the consumption of food and beverages.

The consumption of other goods, including clothes and shoes, increased by 0.3 per cent. There was no change in purchases of vehicles and petrol from February to March, since the increase in car purchases was offset by a decrease in the consumption of petrol.

Without adjusting for calendar effects and seasonality, household consumption of goods was 5.3 per cent higher in March 2016 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.