Retail Sales MoM

The Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. This measure is estimated by Statistics Norway. Retail sales are seasonal, volatile and relatively important to the overall economy.

 Norwegian Retail Sales

Norwegian Retail Sales increased for the month of May of 2017 by 550% when compared to previous month’s value. Results were reported at 1.3%, rising from previous month’s value of 0.2% and beat expectations of 0.1%. Retail Sales MoM in Norwaypeaked at an all-time high point of15.40% in January of 1989and hit rock-bottom at-9% in February of 1987.