This is an archived release.
Decline in investments
Retail sales industries invested 27.5 per cent less in the first quarter of 2010 than the same period in the previous year.
The investments in machines and inventory and in cars and other means of transport, decreased by 35.7 and 25.7 per cent respectively, from first quarter of 2009 to first quarter of 2010.
Investment in new buildings and renovation was at the same level as first quarter of 2009.
|Final Investments 2008||Final Investments 2009||Change in per cent 2008-2009||Final Investments Q1 2009||Final Investments Q4 2009||Final Investments Q1 2010||Change in per cent||Estimated Investments Q2 2010|
|Q4 2009-Q1 2010||Q1 2009-Q1 2010|
|Investments in retail trade, except of motor vehicles, motorcycles and automotive fuel||109.2||83.1||-23.9||89.4||90.3||64.8||-28.2||-27.5||77.2|
|Investments in machines and inventory||126.0||97.9||-22.3||110.9||105.7||71.3||-32.5||-35.7|
|Investments in motor vehicles and other means of transport||83.2||72.8||-12.5||84.3||101.3||62.6||-38.2||-25.7|
|Investments in new buildings and renovation||87.1||61.5||-29.4||57.0||63.2||55.1||-12.8||-3.3|
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 381 billion in 2008. The number of persons employed was scarcely 215 000, while the number of establishments was well over 38 500, according to previously published figures from Statistics Norway's structural statistics for wholesale and retail trade for 2005. Net investments for these industry group amount to NOK 5.9 billion in 2008.
Statistics Norway receives investment data in NOK sums from a sample of about 10 000 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.