This is an archived release.
Small decrease in investments
Retail sale industries’ investments decreased by slightly more than 3 per cent from the second to third quarter 2010, and were almost 3 per cent lower than the same quarter last year.
From the second to third quarter this year the investments in new building and renovation increased by 27 per cent, while the investments in machines and inventory and cars and other means of transport decreased. The decline in investments for these two groups was 11 and 9 per cent respectively.
|Final Investments 2008||Final Investments 2009||Change in per cent 2008-2009||Final Investments Q3 2009||Final Investments Q2 2010||Final Investments Q3 2010||Change in per cent||Estimated Investments Q4 2010|
|Q2 2010-Q3 2010||Q3 2009-Q3 2010|
|Investments in retail trade, except of motor vehicles, motorcycles and automotive fuel||109.2||83.1||-23.9||76.8||77.3||74.7||-3.4||-2.7||74.1|
|Investments in machines and inventory||126.0||97.9||-22.3||86.8||98.8||87.6||-11.3||0.9|
|Investments in motor vehicles and other means of transport||83.2||72.8||-12.5||74.5||52.2||47.4||-9.2||-36.4|
|Investments in new buildings and renovation||87.1||61.5||-29.4||61.4||47.2||59.8||26.7||-2.6|
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 this industry group amounted 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.