Retail Sales in Norway increased 7.80 percent in May of 2020 over the same month in the previous year.

Retail Sales YoY in Norway averaged 1.93 percent from 2001 until 2020, reaching an all time high of 9 percent in April of 2007 and a record low of -4.40 percent in April of 2016. This page provides - Norway Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Statistics Norway

Retail Sales YoY in Norway is expected to be -2.10 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 3.00 percent in 2021 and 2.40 percent in 2022, according to our econometric models.

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Norway Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
7.80 3.60 9.00 -4.40 2001 - 2020 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-27 07:00 AM Feb 2.0% -1.7% 0.5%
2020-04-28 06:00 AM Mar 1.3% 2.0% -5.8%
2020-05-27 06:00 AM Apr 3.8% 1.3% -3.2%
2020-06-26 06:00 AM May 7.8% 3.6% -4%
2020-07-28 06:00 AM Jun 7.8% 1.9%
2020-08-27 06:00 AM Jul
2020-09-28 06:00 AM Aug
2020-10-28 07:00 AM Sep -2.1%


News Stream
Norway Retail Sales Growth Rises to 0.8% in September
Norway's retail trade increased by 0.8 percent year-on-year in September 2019, after a 0.4 rise a month earlier. Sales rose faster at stores, stalls and markets (8.7 percent vs 4.3 percent in August); and for automotive fuel (2.1 percent vs 0.8 percent) while those of cultural and recreation goods rebounded sharply (3.9 percent vs -3.1 percent). Also, sales continued to increase for both food, beverages and tobacco (2.5 percent vs 2.7 percent) and sale in non-specialised stores (0.6 percent vs 1 percent); and sales dropped less for information and communication equipment (-3.7 percent vs -6.3 percent). On the other hand, sales fell further for other household equipment (-1.0 percent vs -0.4 percent), and other goods (-0.6 percent vs -0.2 percent).
2019-10-30
Norway Retail Sales Growth Eases to 0.4% in August
Norway's retail trade increased by 0.4 percent year-on-year in August 2019, after a 0.9 rise a month earlier. Sales rose softer for retail trade not in stores, stalls and markets (4.3 percent vs 9.0 percent in July). In addition, sales dropped for: other household equipment (-0.3 percent vs 3.7 percent); cultural and recreation goods (-3.3 percent vs 2.8 percent), and other goods (-0.2 percent vs 0.5 percent), while that of information and communication equipment fell faster (-6.5 percent vs -4.5 percent). On the other hand, sales of food, beverages and tobacco went up faster (2.7 percent vs 2.1 percent in July), while that of sale in non-specialised stores increased by 1.0 percent, after a flat reading in July. By contrast, sales of automotive fuel rebounded (0.7 percent vs -3.9 percent).
2019-09-30
Norway Retail Sales Growth Accelerates to 0.9%
Norway's retail trade increased by 0.9 percent year-on-year in July 2019, after a 0.4 rise a month earlier, mainly boosted by sales of food, beverages and tobacco (2.1 percent vs 1.2 percent in June); other household equipment (3.7 percent vs 1.3 percent); cultural and recreation goods (2.9 percent vs 3.4 percent); and retail trade not in stores, stalls and markets (9.0 percent vs 6.8 percent). By contrast, sales dropped for automotive fuel (-3.9 percent vs -2.3 percent) and information and communication equipment (-4.7 percent vs -4.3 percent).
2019-08-30
Norway Retail Sales Rebound in June
Norway's retail trade increased by 0.4 percent year-on-year in June 2019, recovering from a revised 2.3 fall in a month earlier, boosted by sales of food, beverages and tobacco (1.1 percent vs 0.1 percent in May); other household equipment (1.3 percent vs -0.9 percent); cultural and recreation goods (3.3 percent vs 0.7 percent); and other goods (1.8 percent vs -7.3 percent). In addition, retail trade not in stores, stalls and markets jumped 6.8 percent, compared to 0.8 percent in May. By contrast, sales dropped for automotive fuel (-2.2 percent vs 1 percent) and information and communication equipment (-4.2 percent vs -9.3 percent).
2019-07-30

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.