Household consumption of goods in Norway declined by 1.1 percent month-over-month in May of 2022, after a 0.8 percent drop a month earlier, pointing to the fourth decrease since the start of the year. There were falls in sales of other goods (-1.7 percent vs -1.1 percent in April), and electricity and heating fuels (-2.4 percent vs 7.2 percent). Also, purchases of vehicles and petrol shrank 1.3 percent, swinging from a 0.5 percent increase in April. By contrast, spending on food, beverages and tobacco rebounded (0.2 percent vs -2.6 percent). source: Statistics Norway
Household Spending MoM in Norway averaged 0.22 percent from 1979 until 2022, reaching an all time high of 16.10 percent in January of 2000 and a record low of -10.90 percent in January of 1995. This page includes a chart with historical data for Norway Household Consumption MoM. Norway Household Consumption MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.