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3. Final consumption expenditure of households and NPISH, volumes

Final consumption expenditure of households and NPISH, volumes

Final consumption expenditure consists of expenditure incurred by resident institutional units on goods or services that are used for the direct satisfaction of individual needs or wants or the collective needs of members of the community (ESA 2010 3.94). Private final consumption expenditure includes households' and Non Profit Institutions Serving Households (NPISH's) final consumption expenditure. Data are calculated as chain-linked volumes (i.e. data at previous year's prices, linked over the years via appropriate growth rates). Growth rates 'q/q-1 (sca)' with respect to the previous quarter and 'q/q-4 (sca)' with respect to the same quarter of the previous year are calculated from calendar and seasonally adjusted figures while growth rates 'q/q-4 (nsa)' with respect to the same quarter of the previous year are calculated from raw data.