This is an archived release.
Decrease in household consumption of goods
Household consumption of goods fell by 0.3 per cent from August to September, according to seasonally adjusted figures.
|September 2016||August 2016||July 2016||June 2016||May 2016|
|Of all goods||-0.3||0.5||-0.7||-0.4||0.9|
|Food, beverages and tobacco||0.7||0.3||-1.5||-1.5||2.1|
|Electricity and heating fuels||-3.3||2.9||3.0||2.4||-6.2|
|Purchases of vehicles and petrol||1.3||1.0||-1.1||-0.7||1.2|
Consumption of other goods, including clothes and shoes, went down 1.2 per cent in September. This contributed to pulling down household consumption of goods by 0.5 percentage points. There was also a decrease in the consumption of electricity and heating fuels. Consumption of food and beverages rose by 0.7 per cent in September. Purchases of vehicles and petrol also went up.
Without adjusting for calendar effects and seasonality, household consumption of goods was 0.3 per cent higher in September 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.