Intermediate consumption

The consumption derived from the use of tangible fixed assets is reflected in business accounting through depreciation and as fixed capital consumption in national accounting, not being part of intermediate consumption.

Goods and services can be transformed or completely consumed in the production process.

In national accounting, unlike business accounting, intermediate consumption includes the estimated expenditure for financial intermediation services indirectly measured (FISIM). On the other hand, provisions are part of consumption from a business perspective, but they are not part of intermediate consumption from the national accounting perspective.