Norway's retail trade fell 1.3 year-on-year in December 2018, following a downwardly revised 0.4 percent gain in the previous month, as sales of information and communication equipment dropped the most (-12.7 percent vs -5.5 percent), followed by other household equipment (-3.2 percent vs 0.9 percent), automotive fuel (-2.4 percent vs -3.3 percent), other goods (-2.3 percent vs -3.5 percent) and cultural and recreation goods (-2.2 percent vs -0.7 percent). In addition, trade growth not in stores, stalls and markets slowed sharply to 0.1 percent in December from 20.9 percent in November, while sales of food, beverages and tobacco rose faster (1.4 percent vs 1.1 percent). On a seasonally adjusted monthly basis, retail trade dropped by 1.8 percent in December, compared to market consensus of a 0.4 percent fall. Retail Sales YoY in Norway averaged 2.02 percent from 2001 until 2018, reaching an all time high of 9 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 2.20 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 1.90 in 12 months time. In the long-term, the Norway Retail Sales YoY is projected to trend around 2.00 percent in 2020, according to our econometric models.

Norway Retail Sales YoY
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 Retail Sales YoY 0.7% 1.1% 2.1%
2018-11-30 07:00 AM Retail Sales YoY 0.6% 1.0% 1.1%
2018-12-28 07:00 AM Retail Sales YoY 0.5% 0.6% 2.2%
2019-01-30 07:00 AM Retail Sales YoY -1.3% 0.4% 2.5%
2019-02-27 07:00 AM Retail Sales YoY -1.3% -0.7%
2019-03-29 06:00 AM Retail Sales YoY
2019-04-30 06:00 AM Retail Sales YoY 2.2%


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 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 0.40 9.00 -4.40 2001 - 2018 percent Monthly
2015=100, WDA




Related

Latest