Norway Retail Sales YoY

Norway's retail trade increased by 1.6 percent year-on-year in April 2019, after an upwardly revised flat reading in a month earlier. Sales rebounded for both automotive fuel (0.1 percent vs -4 percent in March) and other goods (0.4 percent vs -1.4 percent). Also, retail trade not in stores, stalls and markets recovered sharply (5.6 percent vs -1.2 percent). In addition, sales of food, beverages and tobacco (1.6 percent vs 1.3 percent), those of non-specialised stores (2 percent vs 1 percent) and those of other household equipment (3.9 percent vs 1.4 percent) increased faster. At the same time, sales fell much less for cultural and recreation goods (-1.9 percent vs -5.4 percent). Meantime, sales of information & communication equipment plunged (-6.2 percent vs -0.5 percent). Retail Sales YoY in Norway averaged 1.99 percent from 2001 until 2019, 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 1.70 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 2.00 in 12 months time. In the long-term, the Norway Retail Sales YoY is projected to trend around 2.20 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-02-27	07:00 AM	Retail Sales YoY	1.1%	-1.3%	-0.7%
2019-03-29	07:00 AM	Retail Sales YoY	-0.9%	1.1%	1.5%
2019-04-30	06:00 AM	Retail Sales YoY	-0.2%	-0.9%	1.2%
2019-05-29	06:00 AM	Retail Sales YoY	1.6%	0.0%	0.5%
2019-06-27	06:00 AM	Retail Sales YoY		1.6%
2019-07-30	06:00 AM	Retail Sales YoY			1.7%
2019-08-30	06:00 AM	Retail Sales YoY

Norway Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	12.80	13.30	34.90	-17.40	Index Points	[+]
Retail Sales MoM	1.80	0.70	15.40	-9.00	percent	[+]
Retail Sales YoY	1.60	0.00	8.90	-4.40	percent	[+]
Consumer Spending	373833.00	371976.00	373833.00	122919.00	NOK Million	[+]
Disposable Personal Income	275606.00	289907.00	300687.00	172022.00	NOK Million	[+]
Personal Savings	7.00	6.40	13.00	-2.00	percent	[+]
Consumer Credit	3504230.00	3489117.00	3504230.00	448169.00	NOK Million	[+]
Household Spending	-1.20	2.20	10.20	-10.90	percent	[+]
Households Debt To GDP	99.90	100.60	101.60	40.40	percent of GDP	[+]
Households Debt To Income	202.03	197.54	202.03	118.51	percent	[+]
Gasoline Prices	1.83	1.78	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 June of 2019.