Norway's retail trade increased by 0.4 percent year-on-year in August 2019, after a 0.9 rise a month earlier. Sales rose softer for retail trade not in stores, stalls and markets (4.3 percent vs 9.0 percent in July). In addition, sales dropped for: other household equipment (-0.3 percent vs 3.7 percent); cultural and recreation goods (-3.3 percent vs 2.8 percent), and other goods (-0.2 percent vs 0.5 percent), while that of information and communication equipment fell faster (-6.5 percent vs -4.5 percent). On the other hand, sales of food, beverages and tobacco went up faster (2.7 percent vs 2.1 percent in July), while that of sale in non-specialised stores increased by 1.0 percent, after a flat reading in July. By contrast, sales of automotive fuel rebounded (0.7 percent vs -3.9 percent). Retail Sales YoY in Norway averaged 1.95 percent from 2001 until 2019, reaching an all time high of 8.70 percent in April of 2007 and a record low of -4 percent in April of 2016.

Retail Sales YoY in Norway is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Norway to stand at 1.90 in 12 months time. In the long-term, the Norway Retail Sales YoY is projected to trend around 2.20 percent in 2020, according to our econometric models.

Norway Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-27 06:00 AM Retail Sales YoY May -2.2% 1.7% 1.7%
2019-07-30 06:00 AM Retail Sales YoY Jun 0.4% -2.3% -0.6%
2019-08-30 06:00 AM Retail Sales YoY Jul 0.9% 0.4% 0.9%
2019-09-30 06:00 AM Retail Sales YoY Aug 0.4% 0.9% 1.1%
2019-10-30 07:00 AM Retail Sales YoY Sep 0.4% 1.5%
2019-11-29 07:00 AM Retail Sales YoY Oct
2019-12-30 07:00 AM Retail Sales YoY Nov


Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 17.10 13.90 34.90 -17.40 Index Points [+]
Retail Sales MoM 0.00 0.80 15.40 -9.00 percent [+]
Retail Sales YoY 0.40 0.90 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 3570381.00 3554659.00 3570381.00 448169.00 NOK Million [+]
Household Spending 0.30 -1.50 16.10 -10.90 percent [+]
Households Debt To GDP 100.20 99.90 101.60 40.40 percent of GDP [+]
Households Debt To Income 202.03 197.54 202.03 118.51 percent [+]
Gasoline Prices 1.75 1.84 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 Retail Sales YoY

In Norway, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Norway Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.90 8.70 -4.00 2001 - 2019 percent Monthly
2015=100, WDA




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