Monthly indicator of household consumption, March 2022
Household consumption decreased in March 2022
Statistical news from Statistics Sweden 2022-05-06 8.00
Household consumption decreased by 0.1 percent in March 2022 compared with February 2022, measured in seasonally adjusted figures, calculated in fixed prices and working day adjusted. Compared with March 2021, household consumption increased by 3.1 percent, measured in fixed prices and working day adjusted figures. In the first quarter of 2022, consumption increased by 3.8 percent in fixed prices and working day adjusted figures, compared with the same period a year ago.
The largest weighted negative contribution came from the sector Furniture, furnishings, household equipment and consumables, which decreased by 9.9 percent in fixed prices compared with March a year ago.
Restaurants, cafes, hotels and other accommodation services accounted for the largest weighted positive contribution to total consumption and increased by 52.3 percent in fixed prices compared with March a year ago.
The COVID-19 outbreak started to significantly impact household consumption in March 2020, which should be taken into account when comparing annual development statistics.
Prices increased by 5.2 percent according to the consumption deflator.
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The next statistical news in this series is scheduled for publication on 2022-06-09 at 08:00.
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