This is an archived release.
As from 23 September, all of Statistics Norway’s statistics will be released at 8 am.
Growth in household consumption of goods
Household consumption of goods fell 0.8 per cent from June to July, according to seasonally-adjusted figures. All consumption groups fell, except consumption of electricity and heating fuels.
|July 2016||June 2016||May 2016||April 2016||March 2016|
|Of all goods||-0.8||-0.4||1.0||0.0||-0.5|
|Food, beverages and tobacco||-1.3||-1.5||2.3||0.8||-0.8|
|Electricity and heating fuels||3.2||1.8||-6.1||2.2||-2.0|
|Purchases of vehicles and petrol||-2.1||-0.7||1.3||-0.2||-0.8|
Consumption of food and beverages fell 1.3 per cent, and contributed to pulling down household consumption of goods by 0.4 percentage points. Purchases of vehicles and petrol and other goods also fell.
Consumption of electricity and heating fuels grew 3.2 per cent. Excluding electricity and heating fuels, household consumption of goods fell 1 per cent.
Without adjusting for calendar effects and seasonality, household consumption of goods was 5.1 per cent lower in July 2016 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.