Monthly indicator of household consumption, August 2022
Household consumption unchanged in August 2022
Statistical news from Statistics Sweden 2022-10-06 8.00
Household consumption remained unchanged in August 2022 compared with July 2022, measured in seasonally adjusted figures, calculated in fixed prices and working day adjusted. Compared with August 2021, household consumption increased by 1.7 percent, measured in fixed prices and working day adjusted figures. In the last three-month period, consumption increased by 2.3 percent in fixed prices and working day adjusted figures, compared with the same period a year ago.
- Households bought less clothing and furnishing in August, but continued to spend money in restaurants and on travel services, says Jonas Rutberg, statistician at Statistics Sweden.
The largest weighted positive contribution came from the sector Transport and retail sales and service of motor vehicles, which increased by 9.8 percent in fixed prices compared with August a year ago.
Furniture, furnishings, household equipment and consumables accounted for the largest weighted negative contribution to total consumption and decreased by 13.2 percent in fixed prices compared with August a year ago.
The COVID-19 outbreak started to significantly impact household consumption in April 2020, which should be taken into account when comparing annual development statistics.
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The next statistical news in this series is scheduled for publication on 2022-11-09 at 08:00.
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