Household consumption of goods in Norway edged down 0.1 percent from a month earlier in December 2018, following a 0.3 percent rise in November, due to a sharp decline in consumption of other goods (-2.3 percent vs 1.3 percent in November). Meanwhile, purchases of vehicle and petrol grew at a faster pace (3.5 percent vs 1.2 percent) and spending rebounded for both food, beverages and tobacco (0.3 percent vs -0.6 percent) and electricity and heating fuels (2.8 percent vs -2.9 percent). Household Spending in Norway averaged 0.20 percent from 1979 until 2018, reaching an all time high of 10.20 percent in January of 2000 and a record low of -10.90 percent in January of 1995.

Household Spending in Norway is expected to be -0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Household Spending in Norway to stand at 0.50 in 12 months time. In the long-term, the Norway Household Consumption MoM is projected to trend around 0.50 percent in 2020, according to our econometric models.

Norway Household Consumption MoM
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-10-30 07:00 AM Household Consumption MoM -1.4% 2.3% 0.5%
2018-11-30 07:00 AM Household Consumption MoM -0.2% -1.4% -0.7%
2018-12-28 07:00 AM Household Consumption MoM 0.3% -0.4% 2.6%
2019-01-30 07:00 AM Household Consumption MoM -0.1% 0.3% 0.6%
2019-02-27 07:00 AM Household Consumption MoM -0.1% -0.6%
2019-03-29 07:00 AM Household Consumption MoM
2019-04-30 06:00 AM Household Consumption MoM -0.7%


Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 14.60 15.20 34.90 -17.40 Index Points [+]
Retail Sales MoM -1.80 1.10 15.40 -9.00 percent [+]
Retail Sales YoY -1.30 0.40 9.00 -4.40 percent [+]
Consumer Spending 371659.00 370286.00 371659.00 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 3449894.00 3442413.00 3449894.00 448169.00 NOK Million [+]
Household Spending -0.10 0.30 10.20 -10.90 percent [+]
Households Debt To GDP 101.40 101.60 101.60 40.40 percent of GDP [+]
Households Debt To Income 197.54 193.65 197.54 118.51 percent [+]
Gasoline Prices 1.73 1.86 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 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 index does not cover household consumption of goods abroad, such as cross-border shopping. This page provides - Norway Household Consumption- actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Household Consumption MoM - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.30 10.20 -10.90 1979 - 2018 percent Monthly
SA




Country Last Previous
Japan 0.10 Dec/18


Related

Latest