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Monthly indicator of household consumption, March 2020

Household consumption decreased in March

Statistical news from Statistics Sweden 2020-05-08 9.30

Household consumption decreased by 3.1 percent in March, compared with March 2019 measured in fixed prices and working day adjusted figures. In the first quarter, consumption increased by 0.3 percent in fixed prices and working day adjusted figures, compared with the same period a year ago. Household consumption decreased by 5.4 percent in seasonally adjusted figures compared with February 2020.

The largest weighted positive contribution came from the sector Retail trade, mostly food and beverages, which increased by 5.1 percent in fixed prices compared with March a year ago.

Restaurants, cafes, hotels and other accommodation services accounted for the largest weighted negative contribution to total consumption and decreased by 28.4 percent in fixed prices compared with March a year ago.

Prices increased by 0.8 percent according to the consumption deflator.

Growth rate for working day adjusted volume and trend, year-on-year, percent
Monthly indicator of household consumption, March 2020

Note: Due to the uncertainty of the long-term effects of the corona pandemic, the trend series is not considered to be reliable. Therefore, the publication of trend series for the periods January 2020 and onward is cancelled until further notice.

Household Consumption Index, growth rate year on year

Activity

Current prices

Volume

Volume working day adjusted

Weight
  March 2020* March 2020* March 2020*  
Household consumption (excl. foreign posts)
‑2.5 2.4 ‑3.3 1.3 ‑3.1 0.4 0.93
Retail trade, mostly food and beverages
7.4 7.0 5.1 4.7 6.5 3.4 0.19
Retail trade, clothing and footwear
‑34.8 ‑14.0 ‑34.2 ‑12.1 ‑34.7 ‑13.7 0.03
Housing, electricity, gas and heating
0.4 ‑0.3 0.8 0.2 0.8 0.0 0.26
Furniture, furnishings, household equipment and consumables
‑7.0 4.8 ‑8.1 3.2 ‑8.1 1.9 0.04
Transport and retail sales and service of motor vehicles
‑4.6 3.1 ‑6.4 ‑0.4 ‑7.6 ‑1.6 0.15
Post and telecommunications
2.9 7.7 5.0 11.0 5.7 11.0 0.03
Recreation and culture, goods and services
‑5.3 4.2 ‑4.5 4.1 ‑3.9 2.8 0.12
Restaurants, cafes, hotels and other accommodation services
‑26.7 ‑6.3 ‑28.4 ‑8.8 ‑28.4 ‑9.6 0.07
Other goods and services
‑4.9 10.6 ‑8.6 6.3 ‑9.2 4.7 0.03

All figures compared to the same period in the previous year. *The period from January to the current month compared to the same period in the previous year.

Next publishing will be

2020-06-10 at 9:30.

Statistical Database

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