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%). source: Statistics Norway

Household Spending MoM in Norway averaged 0.23 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 May 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
4.30 -1.10 16.10 -10.90 1979 - 2022 percent Monthly
SA

News Stream
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
Norway Personal Spending Falls for 3rd Month
Household consumption of goods in Norway declined by 0.9 percent month-over-month in February 2022, after a downwardly revised 4.3 percent fall a month earlier. This marked the third straight month of fall, with purchases of vehicles and petrol dropping much softer (-1.6 percent vs 23.0 percent in January), while there was a decline in spending for food, beverages and tobacco (-3 percent vs 1.1 percent) and a slowdown in that for other goods (0.2 percent vs 0.5 percent). Meanwhile, spending on electricity and heating fuels grew by 3.8%, a rebound from a 7.4 percent drop in January.
2022-03-28
Norway Personal Spending Falls the Most in 17 Months
Household consumption of goods in Norway decreased by 4.4 percent month-on-month in January of 2022, extending a 0.7 percent fall in the previous month. This was the steepest increase in personal spending since August 2020, dragged down by spending on vehicles & petrol (-22.9 percent vs 4.4 percent in December); and electricity & heating fuels (-7.4 percent vs 2.1 percent). On the other hand, spending rebounded for food, beverages, & tobacco (0.8 percent vs flat reading in December) and for other goods (0.4 percent vs -3.8 percent).
2022-02-28