Norway's consumer confidence indicator increased to 10.9 in the third quarter of 2021 from an upwardly revised 4.7 in the previous quarter, pointing to the strongest reading since the fourth quarter of 2019, above the first quarter 2020 level, when the coronavirus crisis started, amid reducing infections, gradual softening restrictions and higher economic activity. The gauge measuring expectations towards the country's economy next year strengthened (38.7 vs 36.8 in Q1), while both households' views on their own finances next year (20.8 vs 19.3) and households' views on their own finances last year (19.6 vs 14.4) improved. Meantime, the willingness to make large purchases weakened (0.7 vs 2.6). source: Finans Norge & Kantar TNS
Consumer Confidence in Norway averaged 16.08 points from 1992 until 2021, reaching an all time high of 34.90 points in the first quarter of 1997 and a record low of -17.40 points in the third quarter of 1992. This page provides - Norway Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Consumer Confidence in Norway is expected to be 4.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Norway Consumer Confidence is projected to trend around 4.50 points in 2022 and 2.00 points in 2023, according to our econometric models.