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.

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Norway Household Consumption MoM


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 statistics are calculated as an index and are based on the index of retail sales, first-time registered motor vehicles, sales of alcoholic and non-alcoholic beverages and electricity, petrol and fuel statistics. The index does not cover household consumption of goods abroad.
Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -0.80 16.10 -10.90 1979 - 2022 percent Monthly
SA

News Stream
Norway Personal Spending Drops at Steeper Rate
Household consumption of goods in Norway declined by 1.1 percent month-over-month in May of 2022, faster than a 0.8 percent drop a month earlier and 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).
2022-06-27
Norway Personal Spending Down for 3rd Time in 4 Months
Household consumption of goods in Norway declined by 0.8 percent month-over-month in April of 2022, after a downwardly revised 3.6 percent gain a month earlier, pointing to the third decline since the start of the year. There were falls in consumption of both food beverages and tobacco (-2.9 percent vs -0.2 percent in April), and other goods (-0.9 percent vs 6.3 percent). At the same time, purchases of vehicles and petrol were sluggish (0.4 percent vs 7.8 percent). In contrast, spending on electricity and heating fuels rebounded sharply (7.4 percent vs -4.4 percent).
2022-05-30
Norway Personal Spending Rises for 1st Time in 4 Months
Household consumption of goods in Norway increased by 4.3 percent month-over-month in March 2022, after an upwardly revised 1.1 percent drop a month earlier. This marked the first increase in household spending since last November, due to a rebound sharply in spending on both vehicles and petrol (11.1% vs -3.6%) and food, beverages and tobacco (0.1% vs -2.8%), amid a faster rise in spending of other goods (6.3% vs 0.3%). Meanwhile, spending on electricity and heating fuels fell (-4.4% vs 4.3%).
2022-04-29