Norway's retail trade jumped 13.7 percent from a year earlier in June 2020, the most since the series began in 2001, due to a shift away from spending on services, combined with the effects of closed border.
Retail Sales YoY in Norway averaged 1.99 percent from 2001 until 2020, reaching an all time high of 13.70 percent in June of 2020 and a record low of -4.40 percent in April of 2016. This page provides - Norway Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Norway
Retail Sales YoY in Norway is expected to be -2.10 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 2.00 in 12 months time. In the long-term, the Norway Retail Sales YoY is projected to trend around 3.00 percent in 2021 and 2.40 percent in 2022, according to our econometric models.