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2811
Decrease in investments in retail sales
statistikk
2009-03-18T10:00:00.000Z
Wholesale and retail trade and service activities
en
detinv, Retail sales, investment statistics, value index, retail trade, retail outlets, investments, working capital, machinery and fixtures and fittings, vehicles, new buildings and renovationWholesale and retail trade , Wholesale and retail trade and service activities
false

Retail sales, investment statistics, Q4 2008

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Decrease in investments in retail sales

Retail sales industries invested 2.3 per cent less in the fourth quarter of 2008 than in the same period in the previous year.

Retail sales, investment statistics. 1st quarter 2005 - 4th quarter 2008. Value index. 2005=100

Investments in motor vehicles and other means of transport contributed most to the decline. Investments in these business assets fell by 43.8 per cent from the fourth quarter of 2007 to the fourth quarter of 2008. On the other hand, 27.9 per cent more was invested in new buildings and renovation in the same period.

From 2007 to 2008, investments in retail sales rose by 2.6 per cent. During this period, investments in new buildings and rehabilitation increased by 18.1 per cent, while investments in motor vehicles and other means of transport decreased by 20.6 per cent.

Continued decrease anticipated

Preliminary figures for the first quarter of 2009 estimate investments in retail sales to be 29.3 per cent lower than the same period in 2008.

Final and estimated investments in retail sales. Value index. 2005=100
  Final Investments 2007 Final Investments 2008 Change in
per cent 		Final Investments
Q3 2007 		Final Investments
Q4 2007 		Final Investments
Q3 2008 		Final Investments
Q4 2008 		Change in per cent
  Q3 2008-
Q4 2008 		Q4 2007-
Q4 2008 		Estimated Investments
Q1 2009
52 Investments in retail trade, except of motor vehicles and motorcycles; repair of personal and household goods  106.4  109.2 2.6 93.4  126.9  102.5  124.0 21.0 -2.3 66.0
Investments in machines and inventory  127.7  126.0 -1.4  104.0  159.3  117.3  145.2 23.8 -8.9  
Investments in motor vehicles and other means of transport  104.7 83.2 -20.6  133.0  115.3 84.4 64.8 -23.2 -43.8  
Investments in new buildings and renovation 73.7 87.1 18.1 70.6 78.4 82.2  100.3 22.0 27.9  

About the industry

The retail sales industry, excluding motor vehicles and motorcycles, but including repair of personal and household goods, had a turnover of NOK 297.41 billion in 2006. The number of persons employed was 192 447, while the number of establishments was 36 663, according to figures from Statistic Norway’s structural statistics. Net investments for these establishments amounted to NOK 5.71 billion in 2006.

Data sources

Statistics Norway receives investment data in NOK sums from a sample of about 10 300 establishments in the industry. The statistics only include investments that the establishments pay for themselves. Investments made by property companies that hire out premises are not included.

Important announcement: Transition to a new industry classification

A new version of the Standard Industrial Classification (SIC2007) was implemented in January 2009. Quarterly investment statistics for retail trade will be affected as of the publication of figures for the first quarter of 2009 in June 2009. For general information about the transition to the new Standard Industrial Classification click here

1  Corrected 11 June 2009 at 1400.