Norway's retail trade showed no growth in March 2021, after a 0.3 percent drop in the previous month. Clothing stores saw a monthly decrease in the volume sales and was the largest contribution to decline in the volume of retail sales. On the other hand grocery stores rose by 2.9 percent, contributing to an increase in the volume of retail sales and contributing to making the volume of retail sales unchanged. 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 trade advanced 6.7 percent in March, after a 6.1 percent rise in February. 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 May of 2021.

Retail Sales MoM in Norway is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales MoM in Norway to stand at 0.60 in 12 months time. In the long-term, the Norway Retail Sales MoM is projected to trend around 0.60 percent in 2022 and 0.50 percent in 2023, according to our econometric models.

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Norway Retail Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.00 -0.30 15.40 -9.00 1979 - 2021 percent Monthly
2015=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-28 07:00 AM Dec -5.7% 2.9% -2% -1.2%
2021-03-01 07:00 AM Jan -0.1% -5.7% -1.2%
2021-03-30 06:00 AM Feb -0.3% -0.1% 0.5%
2021-04-28 06:00 AM Mar 0% -0.3% 1%
2021-05-28 06:00 AM Apr 0%
2021-06-28 06:00 AM May
2021-07-28 06:00 AM Jun
2021-08-27 06:00 AM Jul


News Stream
Norway Retail Sales Unchanged in March
Norway's retail trade showed no growth in March 2021, after a 0.3 percent drop in the previous month. Clothing stores decreased in the volume sales and was the largest contribution to decline in the volume of retail sales. On the other hand grocery stores rose by 2.9 percent, contributing to an increase in the volume of retail sales and contributing to making the volume of retail sales unchanged. 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 trade advanced 6.7 percent in March, after a 6.1 percent rise in February.
2021-04-28
Norway Retail Sales Fall for 3d Month
Norway's retail trade dropped 0.3 percent from a month earlier in February 2021, following a 0.1 percent fall in the previous month. It was the third straight month of decrease in retail trade, mainly due to lower sales in grocery stores. Other branches such as sporting equipment also contributed to the decline. Clothing stores however experienced an increase in the seasonally adjusted volume and thus dampened the overall decline in the index. Online shopping also increased their sales volume in February. On a yearly basis, retail trade rose 6.1 percent in February, after an 8.2 percent rise in January.
2021-03-30
Norway Retail Sales Drop for 2nd Month
Norway's retail trade edged down 0.1 percent from a month earlier in January 2021, following a 5.7 percent fall in December 2020, mainly due to lower sales in clothing stores. Other branches such as gas stations and furniture shops also contributed to the decline; while stores selling sporting equipment in specialized stores experienced an increase. Grocery stores and online shopping also increased their sales volume in January. On a yearly basis, retail trade rose 8.2 percent in January, after an 8 percent growth in December.
2021-03-01
Norway Retail Sales Fall Most on Record
Norway's retail trade dropped 5.7 percent from a month earlier in December 2020, reversing from a 2.9 percent gain in the previous month. This was the steepest fall in retail sales since the series began in 1979, amid the restriction measures to contain the rapid spread of the coronavirus. The largest contribution to the overall decline came from stores selling electronics. However, grocery stores and furniture shops also had a reduction in sales volume this month. On a yearly basis, retail trade rose 8 percent in December, after a 13.8 percent jump in November, as 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.
2021-01-28

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.