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INDIVIDUAL CONSUMPTION EXPENDITURE BY HOUSEHOLDS

Statistics Directorate    
Definition:
The actual and imputed final consumption expenditure incurred by households on individual goods and services. It also includes expenditure on individual goods and services sold at prices that are not economically significant. By definition, all final consumption expenditures of households are for the benefit of individual households and are individual.

Context:
Also referred to as “final consumption expenditure of households” and “household final consumption expenditure”.

Source Publication:
Eurostat, OECD, 2007, Eurostat-OECD Methodological Manual on Purchasing Power Parities, OECD, Paris – Annex VII, Glossary of terms and abbreviations.

Cross References:
Final consumption expenditure of households
Household final consumption expenditure

Statistical Theme: National accounts

Created on Thursday, July 12, 2007

Last updated on Thursday, July 26, 2007