This is an archived release.
Continued decrease in investments
Retail sale industries invested 23 per cent less in the first three quarters of this year than in the same period last year. Preliminary figures estimate investments to be nearly 29 per cent lower in 2009 than in 2008.
|Final Investments 2007||Final Investments 2008||Change in per cent 2007-2008||Final Investments Q2 2008||Final Investments Q3 2008||Final Investments Q2 2009||Final Investments Q3 2009||Change in per cent||Estimated Investments Q4 2009|
|Q2 2009-Q3 2009||Q3 2008-Q3 2009||three first quarters 2008 - three first quarters 2009|
|Investments in retail trade, except of motor vehicles, motorcycles and automotive fuel||106.4||109.2||2.6||116.9||102.5||76.0||76.8||1.1||-25.1||-22.5||69.4|
|Investments in machines and inventory||127.7||126.0||-1.4||131.8||117.3||88.0||86.8||-1.4||-26.0||-20.3|
|Investments in motor vehicles and other means of transport||104.7||83.2||-20.6||111.2||84.4||30.9||74.5||141.1||-11.7||-29.2|
|Investments in new buildings and renovation||73.7||87.1||18.1||94.4||82.2||64.4||61.4||-4.7||-25.3||-26.3|
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.
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.