Norway Retail Sales YoY

Norway's retail trade decreased 0.9 year-on-year in February 2019, reversing from a 1.1 percent rise in the previous month, as sales dropped for other goods (-1.2 percent vs 1.4 percent) and both sales of information & communication equipment (-10.1 percent vs -6.2 percent) and automotive fuel (-3.2 percent vs -0.7 percent) declined faster. In addition, trade growth slowed for: food, beverages & tobacco (0.1 percent from 1.1 percent); trade not in stores, stalls & markets (1.2 percent vs 2.8 percent), trade in non-specialised stores (0.6 percent vs 0.7 percent) while sales of other household equipment stalled (vs 2.1 percent in January). On the other hand, cultural & recreation goods sales rose faster (11.9 percent vs 2.1 percent). On a seasonally adjusted monthly basis, retail trade dropped by 1.3 percent in February, worse than market consensus of a 0.3 percent fall. Retail Sales YoY in Norway averaged 2 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 1.20 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 2.20 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
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	1.1%	-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		-0.9%	1.2%
2019-05-29	06:00 AM	Retail Sales YoY
2019-06-27	06:00 AM	Retail Sales YoY

Norway Consumer	Last	Previous	Highest	Lowest	Unit
Consumer Confidence	12.70	14.20	34.90	-17.40	Index Points	[+]
Retail Sales MoM	-1.30	1.50	15.40	-9.00	percent	[+]
Retail Sales YoY	-0.90	1.10	8.90	-4.40	percent	[+]
Consumer Spending	371659.00	370286.00	371659.00	122919.00	NOK Million	[+]
Disposable Personal Income	291126.00	273694.00	300591.00	172022.00	NOK Million	[+]
Personal Savings	6.40	5.40	13.20	-1.20	percent	[+]
Consumer Credit	3471826.00	3464170.00	3471826.00	448169.00	NOK Million	[+]
Household Spending	0.10	0.00	10.20	-10.90	percent	[+]
Households Debt To GDP	100.50	101.40	101.60	40.40	percent of GDP	[+]
Households Debt To Income	197.54	193.65	197.54	118.51	percent	[+]
Gasoline Prices	1.76	1.77	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 April of 2019.