Norway Consumer Confidence  1992-2016 | Data | Chart | Calendar | Forecast

Consumer confidence in Norway increased to 0.3 in the fourth quarter of 2016 from a downwardly revised -5.5 in the previous period. It was the first positive reading since the second quarter of 2015, as large majority of respondents believed their personal finances were likely to improve during next year even as many thought the country's overall economic prospects may still be weak. "The survey has risen in three consecutive quarters, a strong indication that those polled believe the downturn has passed and that policies that have been introduced have positive effect," Finance Norway chief executive, Idar Kreutzer, said in a statement. Consumer Confidence in Norway averaged 17.51 from 1992 until 2016, reaching an all time high of 34.91 in the first quarter of 1997 and a record low of -17.41 in the third quarter of 1992.

Norway Consumer Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-11 05:00 AM Q2 -16.5 -15.4 -9.2
2016-08-23 04:30 AM Q3 -4.12 -12.6 -9.1
2016-11-22 05:30 AM Q4 0.3 -5.5 -2.4
2017-02-16 06:00 AM Q1
2017-05-11 05:00 AM Q2
2017-08-23 04:30 AM Q3




Norway Consumer Last Previous Highest Lowest Unit
Consumer Confidence 0.35 -5.50 34.91 -17.41 [+]
Retail Sales MoM 0.90 -0.30 15.40 -9.00 percent [+]
Retail Sales YoY 0.20 -0.60 9.00 -4.30 percent [+]
Consumer Spending 333175.00 333216.00 333216.00 116552.00 NOK Million [+]
Disposable Personal Income 342808.00 329813.00 345748.00 162149.00 NOK Million [+]
Personal Savings 5.80 6.40 13.10 -2.00 percent [+]
Consumer Credit 3021221.00 3002925.00 3021221.00 448169.00 NOK Million [+]
Household Spending -0.80 -0.40 9.70 -10.90 percent [+]
Households Debt To Gdp 96.80 94.80 96.80 40.40 percent of GDP [+]
Households Debt To Income 189.35 187.47 189.35 118.51 percent [+]
Gasoline Prices 1.63 1.69 2.63 1.19 USD/Liter [+]



Norway Consumer Confidence Notes

In Norway, the Finance Norway and TNS Gallup consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend. This page provides - Norway Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
0.35 -5.50 34.91 -17.41 1992 - 2016 Quarterly



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