Retail sales index in Norway, September, 2020
For that indicator, we provide data for Norway from January 2000 to September 2020. The average value for Norway during that period was 91.36 index points with a minimum of 70.3 index points in June 2000 and a maximum of 117.4 index points in July 2020.
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Measure: index points
Definition: The retail sales index is an aggregated measure of the sales of retail goods over a stated period. Because retail sales are a measure of consumer demand for finished goods, they are a leading macroeconomic indicator of the pulse of an economy and its projected path toward expansion or contraction. The retail sales index measures only the volume changes, i.e. price level changes are excluded.