Glossary:Intermediate consumption

From Statistics Explained

Intermediate consumption is an accounting concept which measures the value of the goods and services consumed as inputs by a process of production. It excludes fixed assets whose consumption is recorded as consumption of fixed capital. The goods and services may be either transformed or used up by the production process.

Further information

• European system of accounts (ESA), 1995

Related concepts

• Production account

Statistical data

• Government expenditure by sub-sector of general government