Norway Consumer Pessimism Eases in Q3

2026-08-12 06:40 By Kyrie Dichosa 1 min. read

Norway’s adjusted consumer confidence indicator improved to -16.6 in Q3 2026, up from a downwardly revised -18.1 in Q2.

The improvement came alongside less pessimistic views of the country’s economic outlook, with expectations for the national economy over the next year improving to -24.6 from -34.9 in Q2 and assessments of its performance over the past year rising to -37.1 from -47.1.

Households were also more optimistic about their own finances, with expectations for personal finances over the next year turning slightly positive at 0.8 from -3.5, while assessments of their financial situation over the past year improved to -2.6 from -9.4.

Sentiment toward major purchases also strengthened to -8.7 from -15.8, while households said they would prioritize repaying loans or saving and investing if their financial situation improved, with both responses reaching record highs since the survey began in 1992.

Meanwhile, the unadjusted indicator rose to -14.4 from -22.1.



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Norway Consumer Pessimism Eases in Q3
Norway’s adjusted consumer confidence indicator improved to -16.6 in Q3 2026, up from a downwardly revised -18.1 in Q2. The improvement came alongside less pessimistic views of the country’s economic outlook, with expectations for the national economy over the next year improving to -24.6 from -34.9 in Q2 and assessments of its performance over the past year rising to -37.1 from -47.1. Households were also more optimistic about their own finances, with expectations for personal finances over the next year turning slightly positive at 0.8 from -3.5, while assessments of their financial situation over the past year improved to -2.6 from -9.4. Sentiment toward major purchases also strengthened to -8.7 from -15.8, while households said they would prioritize repaying loans or saving and investing if their financial situation improved, with both responses reaching record highs since the survey began in 1992. Meanwhile, the unadjusted indicator rose to -14.4 from -22.1.
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Norway Consumer Morale Worsens in Q2
Norway’s consumer confidence indicator fell to -20.0 in Q2 2026, following an upwardly revised -12.4 in the previous quarter. This marked the seventeenth consecutive period of negative sentiment and the most pessimistic reading since Q1 2024, as consumers’ expectations for the country’s economic performance continued to weaken over the past twelve months (-47.0 vs -31.7 in Q1) and over the next twelve months (-35 vs -20.1). Moreover, households’ sentiment about their personal finances a year ahead turned negative (-4 vs 9.5), alongside their assessment of personal finances over the past year (-9 vs 0.5). The outlook also deteriorated further with regard to major purchases (-16 vs -11.2).
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Norway’s consumer confidence indicator fell to -9.4 in Q1 2026 from an upwardly revised -4.7 in the previous quarter, marking the sixteenth consecutive period of negative sentiment. Consumers’ expectations for the country’s economic performance continued to weaken over the past twelve months (-31.7 vs -24.4 in Q4) and the next twelve months (-20.1 vs -8.3). Households' optimism about their personal finances a year ahead declined slightly (9.5 vs 10.1), while sentiment toward major purchases became more negative (-11.2 vs -8.9). In contrast, households reported a modest improvement in their assessment of personal finances over the past year (0.5 vs -0.1).
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