Statistics Norway has released a new method for adjusting the consumption weight matrix used in national accounts. The method allows the weights to be updated indirectly using observed retail‑trade sales and new household expenditure data, without needing direct observations of the weights themselves. It makes the smallest changes required to reproduce target consumption values, while keeping each weight between zero and one and ensuring industry‑specific weights sum to one. The publication includes methodological details, an example, and a discussion of the statistical requirements for applying the approach.
The paper, titled “Indirect Weight Benchmarking”, was authored by Vemund Rundberget and published on 3 July 2026. This method is intended to improve the frequency of household consumption estimates in national accounts. It offers a way to incorporate updated data while respecting constraints on weight values.
Source: Statistics Norway (Statistisk sentralbyrå).
Text/data reproduced from https://www.ssb.no/.
Licence: Creative Commons Attribution 4.0 International (CC BY‑4.0).
Licence link: https://creativecommons.org/licenses/by/4.0/
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