Household consumption of goods in Norway increased by 0.7 percent month-over-month in October 2022, easing from a 1% rise in the previous month, due to a smaller increase in purchases of vehicles and petrol (1.9 percent vs 5.0 percent), as well as a decline in spending on food, beverages and tobacco (-0.3 percent, the same as in September). In contrast, consumption of electricity and heating fuels went up 4.1 percent, compared to 0.3 percent in September, and the spending on other goods increased 0.5 percent, the same as in September. source: Statistics Norway

Household Spending MoM in Norway averaged 0.22 percent from 1979 until 2022, reaching an all time high of 16.10 percent in January of 2000 and a record low of -10.90 percent in January of 1995. This page includes a chart with historical data for Norway Household Consumption MoM. Norway Household Consumption MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

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Norway Household Consumption MoM



Calendar GMT Actual Previous Consensus TEForecast
2022-11-18 07:00 AM Sep 1% 1%
2022-11-28 07:00 AM Oct 0.7% 1% 0.4%
2022-12-27 07:00 AM Nov 0.7% -0.4%

Norway Household Consumption MoM
In Norway, the index of household consumption of goods measures the development in household consumption of goods (durable and non-durable). The statistics are calculated as an index and are based on the index of retail sales, first-time registered motor vehicles, sales of alcoholic and non-alcoholic beverages and electricity, petrol and fuel statistics. The index does not cover household consumption of goods abroad.
Actual Previous Highest Lowest Dates Unit Frequency
0.70 1.00 16.10 -10.90 1979 - 2022 percent Monthly
SA

News Stream
Norway Household Consumption Grows at a Softer Pace
Household consumption of goods in Norway increased by 0.7 percent month-over-month in October 2022, easing from a 1% rise in the previous month, due to a smaller increase in purchases of vehicles and petrol (1.9 percent vs 5.0 percent), as well as a decline in spending on food, beverages and tobacco (-0.3 percent, the same as in September). In contrast, consumption of electricity and heating fuels went up 4.1 percent, compared to 0.3 percent in September, and the spending on other goods increased 0.5 percent, the same as in September.
2022-11-28
Norway Household Spending Grows for 2nd Month
Household consumption of goods in Norway rose by 1 percent month-over-month in September 2022, the same pace as the downwardly revised rate a month earlier. It was the second consecutive rise in household spending after rebounding from a 2.8 percent fall in July, supported by the increases in consumption of electricity and heating fuels (3.4 percent vs -2.5 percent in August), purchases of vehicles and petrol (4.1 percent vs 1.1 percent), and other goods (0.5 percent vs 0.0 percent). Meanwhile, consumption of food, beverages and tobacco declined by 0.3 percent, after a 2.8 percent advance in August.
2022-11-18
Norway Household Spending Grows for 1st Time in 5 Months
Household consumption of goods in Norway rose 1.3 percent month-over-month in August of 2022, rebounding from a 2.7 percent fall a month earlier. This was the first increase in personal spending since March, boosted by rebounds in consumption of food, beverages, and tobacco (3.6 percent vs -5.0 percent in July), other goods (0.6 percent vs -2.1 percent), and vehicles and petrol (0.7 percent vs - 2.0 percent). Meanwhile, spending on electricity and heating fuels shrank (-1.6 percent vs 2.1 percent).
2022-09-28