
Norway: Retail sales Y-on-Y
* indicates monthly or quarterly data series
The most recent value is 0.76 percent as of December 2024, an increase compared to the previous value of -0.11 percent. Historically, the average for Norway from January 2001 to December 2024 is 1.83 percent. The minimum of -10.08 percent was recorded in July 2022, while the maximum of 15.24 percent was reached in July 2020.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Eurostat
Recent values | Norway: Retail sales Y-on-Y |
---|---|
2024  Dec | 0.76 |
2024  Nov | -0.11 |
2024  Oct | -0.32 |
2024  Sep | -0.43 |
2024  Aug | 0.11 |
2024  Jul | -0.54 |
2024  Jun | -2.88 |
2024  May | 3.01 |
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Definition: The retail sales Y-on-Y 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.
Retail sales Y-on-Y is calculated as the percent change in the Retail sales index from the same month the previous year.
The Retail sales Y-on-Y measures only volume changes, i.e. price level changes are excluded.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Industrial production | 0.30 | 12/2024 | percent |
Retail sales | 92.60 | 12/2024 | index points |
Retail sales Y-on-Y | 0.76 | 12/2024 | percent |
House price index | 190.78 | Q3/2024 | index points |
Real residential property prices Y-on-Y change | 0.45 | Q3/2024 | percent |
Business confidence survey | 6.00 | Q4/2024 | points |
Consumer confidence survey | 114.00 | Q4/2021 | points |