Monthly indicator of household consumption, December 2022
Household consumption decreased in December 2022
Statistical news from Statistics Sweden 2023-02-08 8.00
Household consumption decreased by 0.8 percent in December 2022 compared with November 2022, measured in seasonally adjusted figures, calculated in fixed prices and working day adjusted. Compared with December 2021, household consumption decreased by 1.8 percent, measured in fixed prices and working day adjusted figures. In the fourth quarter of 2022, consumption decreased by 0.9 percent in fixed prices and working day adjusted figures, compared with the same period a year ago.
Retail trade, mostly food and beverages accounted for the largest weighted negative contribution to total consumption and decreased by 4.7 percent in fixed prices compared with December a year ago.
The largest weighted positive contribution came from the sector Transport and retail sales and service of motor vehicles, which increased by 5.0 percent in fixed prices compared with December 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 2023-03-09 at 08:00.
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