Norway's retail trade grew 0.9 percent from a month earlier in November 2021, unchanged from a downwardly revised figure in the previous month. It was the third straight month of increase in retail trade, due mainly to higher sales in furniture and electronics. By contrast, sales in grocery stores and stores selling sporting equipment declined. The pandemic and regulations imposed to limit infections have contributed to Norwegians changing their consumption pattern in the direction of spending less on services, and more on retail goods. On a yearly basis, retail sales dropped by 4.4 percent in November, following a 3.3 percent fall in October. source: Statistics Norway

Retail Sales MoM in Norway averaged 0.16 percent from 1979 until 2021, reaching an all time high of 15.40 percent in January of 1989 and a record low of -9 percent in February of 1987. This page provides - Norway Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Retail Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Retail Sales MoM 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. In the long-term, the Norway Retail Sales MoM is projected to trend around 0.80 percent in 2022 and 0.50 percent in 2023, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
Norway Retail Sales MoM


Calendar GMT Actual Previous Consensus TEForecast
2021-11-26 07:00 AM Oct 1% 0.4% 0.6%
2021-12-27 07:00 AM Nov 0.9% 0.9% -0.8%
2022-01-28 07:00 AM Dec 0.9% -0.5%


Related Last Previous Unit Reference
Retail Sales MoM 0.90 0.90 percent Nov/21
Retail Sales YoY -4.40 -3.30 percent Nov/21
Consumer Spending 397306.00 365860.00 NOK Million Sep/21
Disposable Personal Income 368458.00 363742.00 NOK Million Jun/21
Personal Savings 16.70 18.90 percent Jun/21
Gasoline Prices 1.95 2.06 USD/Liter Nov/21
Household Spending 4.00 -3.10 percent Nov/21

News Stream
Norway Retail Sales Rise for 3rd Month
Norway's retail trade grew 0.9 percent from a month earlier in November 2021, unchanged from a downwardly revised figure in the previous month. It was the third straight month of increase in retail trade, due mainly to higher sales in furniture and electronics. By contrast, sales in grocery stores and stores selling sporting equipment declined. The pandemic and regulations imposed to limit infections have contributed to Norwegians changing their consumption pattern in the direction of spending less on services, and more on retail goods. On a yearly basis, retail sales dropped by 4.4 percent in November, following a 3.3 percent fall in October.
2021-12-27
Norway Retail Sales Rise for 2nd Month
Norway's retail trade increased 1 percent from a month earlier in October 2021, accelerating from a downwardly revised 0.4 percent rise in the previous month. It was the second straight month of increase in retail trade, due mainly to higher sales in sporting equipment stores. E-commerce also contributed to the increase. By contrast, sales in grocery stores and gas stations declined. The pandemic and regulations imposed to limit infections have contributed to Norwegians changing their consumption pattern in the direction of spending less on services, and more on retail goods. On a yearly basis, retail sales fell by 3.3 percent in October, following a 2.8 percent drop in September.
2021-11-26
Norway Retail Sales Rise for 1st Time in 4 Months
Norway's retail trade unexpectedly increased 0.5 percent from a month earlier in September 2021, rebounding from an upwardly revised 3.9 percent decline in the previous month, and missing market consensus of a 1 percent fall. It was the first increase in retail trade since May, due mainly to higher sales in hardware and clothing stores. Flower shops also contributed to the increase. By contrast, grocery stores decreased by 1.2 percent from a month earlier. There was also a decline in sales of alcoholic beverages. The pandemic and regulations imposed to limit infections have contributed to Norwegians changing their consumption pattern in the direction of spending less on services, and more on retail goods. On a yearly basis, retail sales fell by 2.8 percent in September, after a 2.9 percent drop in August.
2021-10-28

Norway Retail Sales MoM
In Norway, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Norway, Retail sales are seasonal, volatile and relatively important to the overall economy.