This is an archived release.
Increase in investments
Investments in retail sales increased by almost 3 per cent from 2009 to 2010, after a 24 per cent decline from 2008 to 2009.
Retail sales investments in the 4th quarter 2010 are at the same level as the 4th quarter of 2008. From the 4th quarter of 2009 to the 4th quarter of 2010 the investments in retail sales rose by 38 per cent.
More new buildings and renovations
In particular, it was investments in new buildings and renovations that contributed to the increase in the 4th quarter of 2010 compared to the same quarter in 2009. These investments rose by more than 50 per cent this period. Investments in machines and inventory increased by 37 per cent, while retail sales industries invested 6 per cent in motor vehicles and other means of transport in the 4th quarter of 2010.
|Final Investments 2009||Final Investments 2010||Change in per cent 2009-2010||
|Final Investments Q4 2010||Change in per cent||
|Q3 2010-Q4 2010||Q4 2009-Q4 2010|
|Investments in retail trade, except of motor vehicles, motorcycles and automotive fuel||83.1||85.3||2.6||76.8||90.3||74.7||124.5||66.7||37.9||88.7|
|Investments in machines and inventory||97.9||100.6||2.8||86.8||105.7||87.6||144.5||65.0||36.7|
|Investments in motor vehicles and other means of transport||72.8||67.5||-7.2||74.5||101.3||47.4||107.6||127.0||6.2|
|Investments in new buildings and renovation||61.5||64.7||5.2||61.4||63.2||59.8||96.8||61.9||53.2|
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.