Norway's retail trade growth slowed to 0.6 percent year-on-year in October 2018 from an upwardly revised 1 percent in the previous month, due to a slowdown in sales not in stores, stalls and markets (10.6 percent vs 12.9 percent in September); other household equipment (1.7 percent vs 2.2 percent). Additionally, there were decreases in sales of food, beverages and tobacco (-1.4 percent vs 1.2 percent); automotive fuel (-4.3 percent vs -0.2 percent); cultural and recreation goods (-2.6 percent vs -1.8 percent); and other goods (-0.3 percent vs 2.4 percent). On the other hand, sales rose faster for information and communication equipment (7.2 percent vs 1.9 percent). On a seasonally adjusted monthly basis, retail trade fell by 0.2 percent in October, following a downwardly revised 0.6 percent drop in September and missing market consensus of a 0.1 percent rise. Retail Sales YoY in Norway averaged 2.04 percent from 2001 until 2018, reaching an all time high of 8.90 percent in April of 2007 and a record low of -4.40 percent in April of 2016.

Retail Sales YoY in Norway is expected to be 2.50 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 2.50 in 12 months time. In the long-term, the Norway Retail Sales YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.

Norway Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 06:00 AM Retail Sales YoY 0.1% -0.4% 1%
2018-09-28 06:00 AM Retail Sales YoY 1.1% 0.1% 0.8%
2018-10-30 07:00 AM Retail Sales YoY 0.7% 1.1% 2.1%
2018-11-30 07:00 AM Retail Sales YoY 0.6% 1.0% 1.1%
2018-12-28 07:00 AM Retail Sales YoY 0.6% 2.2%
2019-01-30 07:00 AM Retail Sales YoY 2.50%
2019-02-28 07:00 AM Retail Sales YoY


Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 14.60 15.20 34.90 -17.40 Index Points [+]
Retail Sales MoM -0.20 -0.60 15.40 -9.00 percent [+]
Retail Sales YoY 0.60 1.00 8.90 -4.40 percent [+]
Consumer Spending 369151.00 369764.00 369764.00 122919.00 NOK Million [+]
Disposable Personal Income 273354.00 299665.00 299665.00 172022.00 NOK Million [+]
Personal Savings 5.60 6.20 13.20 -1.20 percent [+]
Consumer Credit 3433510.00 3416168.00 3433510.00 448169.00 NOK Million [+]
Household Spending -0.20 -1.40 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 1.89 1.96 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 1.00 8.90 -4.40 2001 - 2018 percent Monthly
2015=100, WDA




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