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Retail sale industries invest less
statistikk
2009-09-11T10:00:00.000Z
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
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Retail sales, investment statistics, Q2 2009

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Retail sale industries invest less

Investments in retail sales fell by over 21 per cent from the first half of 2008 to the first half of 2009. This occurred after a 2.3 per cent increase from the first half of 2007 to the first half of 2008.

Retail sales, investment statistics. Value index. 2005=100. 1st quarter 2005-2nd quarter 2009

The decline in investments was largest in the second quarter of 2009. In this quarter retail sale industries invested 35 per cent less than in the same quarter last year. Investments in cars and other means of transport fell most, but investments in machines and inventory as well as investments in new buildings and renovation also fell significantly.

Further decline in investments expected

Investments in retail sales are expected to be around 46 per cent lower in the third quarter of this year than in the third quarter of last year. Preliminary figures estimate investments to be over 29 per cent lower in the first three quarters of 2009 than in 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
2007-2008 		Final Investments
Q1 2008 		Final Investments
Q2 2008 		Final Investments
Q1 2009 		Final Investments
Q2 2009 		Change in per cent Estimated Investments
Q3 2009
  Q1 2009-
Q2 2009 		Q2 2008-
Q2 2009 		First half 2008-
first half 2009
Total investments in retail trade, except of motor vehicles, motorcycles and automotive fuel  106.4  109.2 2.6 93.3  116.9 89.4 76.0 -15.0     -35.0 -21.3 55.8
Investments in machines and inventory  127.7  126.0 -1.4  109.5  131.8  110.9 88.0 -20.6 -33.2 -17.6  
Investments in motor vehicles and other means of transport  104.7 83.2 -20.6 72.2  111.2 84.3 30.9 -63.3 -72.2 -37.2  
Investments in new buildings and renovation 73.7 87.1 18.1 71.4 94.4 57.0 64.4 13.0 -31.8 -26.8  

About the industry

The retail sales industry, excluding motor vehicles and motorcycles, but including repair of personal and household goods, had a turnover of approximately NOK 323 billion in 2007. The number of persons employed was scarcely 200 000, while the number of establishments was well over 37 500, according to previously published figures from Statistics Norway's structural statistics for wholesale and retail trade for 2007. Net investments for these establishments amounted to NOK 7.4 billion in 2007.

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.