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Monthly indicator of household consumption, December 2020

Household consumption decreased in December

Statistical news from Statistics Sweden 2021-02-05 9.30

Household consumption decreased by 0.4 percent in December 2020 compared with November 2020, measured in seasonally adjusted figures, calculated in fixed prices and working day adjusted. Compared with December 2019, household consumption decreased by 6.3 percent, measured in fixed prices and working day adjusted figures. In the fourth quarter 2020, consumption decreased by 5.2 percent in fixed prices and working day adjusted figures, compared with the fourth quarter a year ago.

The largest weighted negative contribution came from the sector restaurants, cafes, hotels and other accommodation services, which decreased by 36.1 percent in fixed prices compared with December a year ago.

Retail trade, mostly food and beverages accounted for the largest weighted positive contribution to total consumption and increased by 2.1 percent in fixed prices compared with December a year ago.

Prices increased by 0.8 percent according to the consumption deflator.

The graphs below show the seasonally adjusted monthly development and the working-day adjusted annual development in the last twelve months. The table that shows the year-on-year growth rates for total consumption and per activity has been moved to the product page under Tables and graphs. Also included on the product page are two graphs: one showing a long index series on seasonally adjusted values, and one showing a long time series on the annual growth rate in fixed prices and working-day adjusted figures.

Seasonally adjusted monthly development

Diagram

Working-day adjusted annual development

Diagram

Next publishing will be

2021-03-09 at 09:30.

Statistical Database

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