Household consumption of goods in Norway declined by 1.4 percent month-over-month in September 2018, following a downwardly revised 2.3 percent growth in August, mainly due to a slump in purchases of vehicles and petrol (-6 percent vs 9.7 percent in August). There was also a drop in consumption of food, beverages and tobacco (-1.4 percent vs -1.1 percent) and other goods (-0.4 percent vs 2.3 percent). Meanwhile, electricity and heating fuels spending jumped 4.7 percent, after a 1.8 percent rise in the previous month. Household Spending in Norway averaged 0.20 percent from 1979 until 2018, reaching an all time high of 10.20 percent in January of 2000 and a record low of -10.90 percent in January of 1995.

Norway Household Consumption MoM
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 06:00 AM Household Consumption MoM -2.1% -0.5% 0.5%
2018-09-28 06:00 AM Household Consumption MoM 2.8% -2.5% 1.1%
2018-10-30 07:00 AM Household Consumption MoM -1.4% 2.3% 0.5%
2018-11-30 07:00 AM Household Consumption MoM -1.4% -0.7%
2018-12-28 07:00 AM Household Consumption MoM 2.6%


Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 16.40 19.60 34.90 -17.40 Index Points [+]
Retail Sales MoM -0.70 0.40 15.40 -9.00 percent [+]
Retail Sales YoY 0.70 1.10 8.90 -4.40 percent [+]
Consumer Spending 369151.00 369764.00 369764.00 122919.00 NOK Million [+]
Disposable Personal Income 300593.00 270754.00 300593.00 172022.00 NOK Million [+]
Personal Savings 6.60 7.00 13.20 -1.20 percent [+]
Consumer Credit 3416168.00 3393367.00 3416168.00 448169.00 NOK Million [+]
Household Spending -1.40 2.30 10.20 -10.90 percent [+]
Households Debt To GDP 101.60 101.50 101.60 40.40 percent of GDP [+]
Households Debt To Income 197.54 193.65 197.54 118.51 percent [+]
Gasoline Prices 1.96 1.90 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 Household Consumption MoM

In Norway, the index of household consumption of goods measures the development in household consumption of goods (durable and non-durable). The index does not cover household consumption of goods abroad, such as cross-border shopping. This page provides - Norway Household Consumption- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Household Consumption MoM - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 2.30 10.20 -10.90 1979 - 2018 percent Monthly
SA




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Japan -1.60 Sep/18


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