Norway's consumer confidence rose to 17.1 in the three months to September 2019 from an upwardly revised 13.9 in the previous period. This was the highest reading since the June quarter 2018, despite ongoing global trade dispute, unresolved Brexit, stock exchange and currency turmoil and increased interest rates. Consumers' willingness to make larger purchases strengthened strongly (24.4 vs 12.5 in Q2), while households' expectations towards the country's economy last year (18.4 vs 16.2) and those over the next 12 months (2.8 vs 1.0) picked up. Also, consumers' assessment regarding their own financial conditions last year improved (24.8 vs 19.5), with those of next year easing slightly(22.1 vs 23.3). Consumer Confidence in Norway averaged 17.28 Index Points from 1992 until 2019, reaching an all time high of 34.90 Index Points in the first quarter of 1997 and a record low of -17.40 Index Points in the third quarter of 1992.

Consumer Confidence in Norway is expected to be 10.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Norway to stand at 9.00 in 12 months time. In the long-term, the Norway Consumer Confidence is projected to trend around 7.00 Index Points in 2020, according to our econometric models.

Norway Consumer Confidence
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-11-20 05:30 AM Consumer Confidence Q4 14.6 15.2 17
2019-02-26 05:30 AM Consumer Confidence Q1 12.70 14.20 14
2019-05-28 04:30 AM Consumer Confidence Q2 12.8 13.3 9
2019-08-15 05:45 AM Consumer Confidence Q3 17.1 13.9 10
2019-11-19 05:30 AM Consumer Confidence Q4 17.1 8


Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 17.10 13.90 34.90 -17.40 Index Points [+]
Retail Sales MoM 0.80 -0.30 15.40 -9.00 percent [+]
Retail Sales YoY 0.90 0.40 8.70 -4.00 percent [+]
Consumer Spending 382040.00 380669.00 382040.00 125359.00 NOK Million [+]
Disposable Personal Income 275606.00 289907.00 300687.00 172022.00 NOK Million [+]
Personal Savings 7.00 6.40 13.00 -2.00 percent [+]
Consumer Credit 3554659.00 3550331.00 3554659.00 448169.00 NOK Million [+]
Household Spending -1.80 1.40 16.10 -10.90 percent [+]
Households Debt To GDP 99.90 100.60 101.60 40.40 percent of GDP [+]
Households Debt To Income 202.03 197.54 202.03 118.51 percent [+]
Gasoline Prices 1.84 1.87 2.63 1.19 USD/Liter [+]
Consumer Confidence Current Conditions 11.59 0.17 64.60 -65.10 [+]
Consumer Confidence Economic Expectations 12.42 -5.06 38.30 -52.20 [+]
Consumer Confidence Financial Expectations 25.56 21.96 30.40 -2.80 [+]
Consumer Confidence Major Purchases Expectations 13.28 11.64 48.15 -29.69 [+]


Norway Consumer Confidence

In Norway, the Finance Norway and TNS Gallup consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page provides - Norway Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
17.10 13.90 34.90 -17.40 1992 - 2019 Index Points Quarterly




Country Last Previous
Argentina 41.90 Aug/19
Australia 98.20 Sep/19
Brazil 47.00 Jun/19
Canada 53.00 Sep/19
China 124.40 Jul/19
Euro Area -7.10 Aug/19
France 102.00 Aug/19
Germany 9.70 Sep/19
India 95.70 Sep/19
Indonesia 123.10 Aug/19
Italy 111.90 Aug/19
Japan 37.10 Aug/19
Mexico 43.40 Aug/19
Netherlands 0.00 Aug/19
Russia -15.00 Jun/19
Saudi Arabia 114.00 Jun/19
South Africa 5.00 Jun/19
South Korea 92.50 Aug/19
Spain 86.00 Aug/19
Switzerland -8.00 Sep/19
Turkey 58.30 Aug/19
United Kingdom -14.00 Aug/19
United States 92.00 Sep/19


Related

Latest