Norway's consumer confidence indicator increased to 2.5 in the second quarter of 2021 from a revised -3.2 in the previous month and flipping back into the positive territory for the first time since the lockdown measures to contain the spread of the coronavirus. It was the strongest reading since the first quarter of 2020, amid hopes of an end to the coronavirus pandemic and the start of marked growth in the economy. The gauge measuring expectations towards the country's economy next year strengthened sharply (36.8 vs 12.5 in Q1), while the willingness to make large purchases also improved (2.6 vs 1.5). Meantime, households' views on their own finances next year weakened (19.3 vs 22.9). source: Finans Norge & Kantar TNS
Consumer Confidence in Norway averaged 16.13 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 June of 2021.
Consumer Confidence in Norway is expected to be 6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Norway to stand at 5.00 in 12 months time. In the long-term, the Norway Consumer Confidence is projected to trend around 1.00 points in 2022, according to our econometric models.