This is an archived release.
Low investments in retail sales
Total investments in retail trade increased by 38 per cent from the third quarter to the fourth quarter of 2011, but were still 30 per cent lower than the year before.
The total investments for all quarters in 2011 decreased by 14 per cent compared with 2010.
Increased investments in cars
Investment in motor vehicles and other means of transport increased by about 4 per cent from 2010 to 2011, while investment in machines and inventory as well as new building and renovation decreased by 12 and 9 per cent respectively.
|Final Investments 2010||Final Investments 2011||Change in per cent 2010-2011||Final Investments Q4 2010||Final Investments Q3 2011||Final Investments Q4 2011||Change in per cent||Estimated Investments Q1 2012|
|Q3 2011-Q4 2011||Q4 2010-Q4 2011|
|Investments in retail trade, except of motor vehicles, motorcycles and automotive fuel||85.3||73.3||-14.1||124.5||62.3||86.4||38.7||-30.6||61.5|
|Investments in machines and inventory||100.6||88.2||-12.3||144.5||72.0||114.3||58.8||-20.9|
|Investments in motor vehicles and other means of transport||67.5||70.4||4.3||107.6||79.5||65.5||-17.6||-39.1|
|Investments in new buildings and renovation||64.7||52.2||-19.3||96.8||44.2||52.1||17.9||-46.2|
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 386 billion in 2009. The number of persons employed was 213 500, while the number of establishments was nearly 38 300, according to previously published figures from Statistics Norway's structural statistics for wholesale and retail trade for 2009. Net investments for this industry group amounted to NOK 3 billion in 2009.
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.