This is an archived release.
24 per cent fall in investments
Investments in retail sales fell by 24 per cent from 2008 to 2009, after a 3 per cent growth from 2007 to 2008.
Retail sales industries invested less in new buildings and renovations in particular, while investments in these business assets were the only ones with a rise in 2008.
Investments in machines and inventory have fallen during the past two years, after growth in 2006 and 2007. The decrease was modest in 2008, but more significant in 2009.
|Final Investments 2008||Final Investments 2009||Change in per cent 2008-2009||Final Investments Q3 2008||Final Investments Q4 2008||Final Investments Q3 2009||Final Investments Q4 2009||Change in per cent||Estimated Investments Q1 2010|
|Q3 2009-Q4 2009||Q4 2008-Q4 2009|
|Investments in retail trade, except of motor vehicles, motorcycles and automotive fuel||109.2||83.1||-23.9||102.5||124.0||76.8||90.3||17.6||-27.2||76.1|
|Investments in machines and inventory||126.0||97.9||-22.3||117.3||145.2||86.8||105.7||21.8||-27.2|
|Investments in motor vehicles and other means of transport||83.2||72.8||-12.5||84.4||64.8||74.5||101.3||36.0||56.3|
|Investments in new buildings and renovation||87.1||61.5||-29.4||82.2||100.3||61.4||63.2||2.9||-37.0|
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 . Acquisitions for these establishments amounted to NOK 7.4 billion in 2007.
Statistics Norway receives investment data in NOK 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.