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Monthly indicator of household consumption, May 2024

Household consumption decreased in May 2024

Statistical news from Statistics Sweden 2024-07-05 8.00

Household consumption decreased by 0.4 percent in May 2024, measured in seasonally adjusted figures, compared with April 2024. Compared with May 2023, household consumption decreased by 0.9 percent, measured in constant prices and working day adjusted figures. In the last three-month period, consumption decreased by 0.4 percent compared with the same period a year ago, measured in constant prices and working day adjusted figures.

Transport and retail sales and service of motor vehicles accounted for the largest weighted negative contribution to total consumption and decreased by 5.5 percent in constant prices compared with May a year ago. Compared with April 2024 consumption decreased by 1.3 percent.

The largest weighted positive contribution came from the sector Retail trade, mostly food and beverages, which increased by 3.6 percent in constant prices compared with May a year ago. Compared with April 2024 consumption decreased by 0.3 percent.

Seasonally adjusted monthly development
Monthly indicator of household consumption, May 2024

Working-day adjusted annual development, fixed prices
Monthly indicator of household consumption, May 2024

To consider:

When the reference month January 2024 is published, the base year is changed to 2021. This means that the average of the monthly indices in 2021 is 100 (index 2021=100).

Next publishing will be

The next statistical news in this series is scheduled for publication on 2024-08-09 at 08:00. 

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

Statistical agency

Statistics Sweden

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Thorsten Holzer

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