Norway's retail trade fell by 1.2% from a month earlier in April of 2023, extending the downwardly revised 0.2% drop in the previous month and compared to market forecasts of 0.1% rise. This was the third consecutive month of decline in retail activity, due to decreases in sales of ICT-equipment (-7.6% vs 1.9% in March), automotive fuel (-4.1% vs -2.8%), food, beverages and tobacco (-2.3% vs -0.2%), other household equipment (-1.6% vs -1.9%) and not in stores, stalls and markets ( -0.9% vs -0.6%). Conversely, sales increased for cultural and recreation goods (1% vs 0.3%) while it rebounded for other goods (0.4% vs -0.2%). On a yearly basis, retail sales were down by 6.4%, slipping further from a 5.3% slump in March. source: Statistics Norway

Retail Sales MoM in Norway averaged 0.15 percent from 1979 until 2023, reaching an all time high of 15.40 percent in January of 1989 and a record low of -9.00 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 June of 2023.

Retail Sales MoM in Norway is expected to be 0.40 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 0.50 percent in 2024 and 0.40 percent in 2025, according to our econometric models.

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Norway Retail Sales MoM



Calendar GMT Actual Previous Consensus TEForecast
2023-04-27 06:00 AM Mar 0.0% -0.6% 0.3% 0.4%
2023-05-26 06:00 AM Apr -1.2% -0.2% 0.1% 0.1%
2023-06-28 06:00 AM May -1.2% 0.8%


Related Last Previous Unit Reference
Retail Sales MoM -1.20 -0.20 percent Apr 2023
Retail Sales YoY -6.40 -5.30 percent Apr 2023
Consumer Spending 417228.00 439819.00 NOK Million Mar 2023
Disposable Personal Income 338307.00 350060.00 NOK Million Dec 2022
Personal Savings -7.30 2.10 percent Dec 2022
Gasoline Prices 2.13 2.13 USD/Liter Apr 2023
Household Spending 0.10 -4.20 percent Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-1.20 -0.20 15.40 -9.00 1979 - 2023 percent Monthly
Constant Prices, SA

News Stream
Norway Retail Sales Shrink for 3rd Month
Norway's retail trade fell by 1.2% from a month earlier in April of 2023, extending the downwardly revised 0.2% drop in the previous month and compared to market forecasts of 0.1% rise. This was the third consecutive month of decline in retail activity, due to decreases in sales of ICT-equipment (-7.6% vs 1.9% in March), automotive fuel (-4.1% vs -2.8%), food, beverages and tobacco (-2.3% vs -0.2%), other household equipment (-1.6% vs -1.9%) and not in stores, stalls and markets ( -0.9% vs -0.6%). Conversely, sales increased for cultural and recreation goods (1% vs 0.3%) while it rebounded for other goods (0.4% vs -0.2%). On a yearly basis, retail sales were down by 6.4%, slipping further from a 5.3% slump in March.
2023-05-26
Norway Retail Sales Stagnate in March
Norway's retail trade showed no growth from a month earlier in March of 2023, following a revised 0.6% fall in the prior month. Increases were seen in sales of non-specialized stores (1.0% vs -2.3% in February), ICT equipment (0.5% vs 5.8%), and cultural and recreation goods (0.6% vs 0.4%). The increase was partially offset by declines in household equipment (-1.6 vs -1.1%), other goods (-0.5% vs 2.4%), food, beverages, and tobacco (-0.5% vs 0.6%), automotive fuel (-2.1% vs 3.0%), and not in stores, stalls and markets (-0.8% vs 1.2%). On a yearly basis, retail sales fell by 5.3%, after a downwardly revised 3.8% drop in February.
2023-04-27
Norway Retail Trade Slows in February
Norway's retail trade rose 0.2% from a month earlier in February of 2023, easing from a 1.3% growth in the prior month, due to a decline in sales of non-specialized stores (-2.2% vs 3.6% in January), and household equipment (-0.9 vs 1.8%). Also, sales slowed down for ICT-equipment (6.5% vs 7.8%). In contrast, sales increased for other goods (2% vs 1.2%) and food, beverages and tobacco (0.6% vs 0.2%), while it recovered for automotive fuel (2.2% vs -3.1%), not in stores, stalls and markets (3.3% vs -2.5%) and cultural and recreation goods (2.5% vs -1.2%). On a yearly basis, retail sales dropped at a softer 3.9%, following a 6.1% fall in January.
2023-03-29