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Monthly indicator of household consumption, February 2024

Household consumption decreased in February 2024

Statistical news from Statistics Sweden 2024-04-10 8.00

Household consumption decreased by 0.5 percent in February 2024, measured in seasonally adjusted figures, compared with January 2024. Compared with February 2023, household consumption decreased by 0.3 percent, measured in constant prices and working day adjusted figures. In the last three-month period, consumption increased by 0.3 percent compared with the same period a year ago, measured in constant prices and working day adjusted figures.

The largest weighted negative contribution came from the sector Furniture, furnishings, household equipment and consumables which decreased by 2.2 percent in constant prices compared with February a year ago. The year-on-year growth rate in this sector has been negative since February 2022.

Retail trade, mostly food and beverages accounted for the largest weighted positive contribution to total consumption and increased by 5.9 percent in constant prices compared with February a year ago.

Seasonally adjusted monthly development

Monthly indicator of household consumption, February 2024

Working-day adjusted annual development, fixed prices

Monthly indicator of household consumption, February 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 2024-05-10 at 08:00.

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

Statistical agency

Statistics Sweden

Enquiries

Thorsten Holzer

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