GDP components · Norway

Norway Household Consumption MoM

The Norway Household Consumption MoM is one part of the national accounts of Norway: what households spend, what businesses invest, what they earn, or how productive workers are.

Importance
Low
Publié
Quarterly
Devise
NOK · Norwegian krone
Banque centrale
Norges Bank
Influence
EURNOK · GBPNOK · USDNOK

Derniers chiffres

La dernière publication, pour MAY, est parue le 2025-08-21 et s’est établie à 0.5%. C’est moins que 0.9% la fois précédente.

Sur les 7 dernières publications, la valeur est allée de -1.1% à 1.5%, avec une moyenne de 0.6%. Elle a baissé trois publications d’affilée.

Jan 2025: -1.1%Feb 2025: 1.5 %May 2025: 0.4%May 2025: 0.5%Aug 2025: 1.3%Aug 2025: 0.9%Aug 2025: 0.5% Jan 2025Aug 2025
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
21 Aug 2025MAY0.5%–0.9%
21 Aug 2025APR0.9%–0.0% ®
21 Aug 2025JUN1.3%–0.5%
15 May 2025MAR0.5%–0.4%
15 May 2025FEB0.4%–2.0% ®
28 Feb 2025JAN1.5 %–-1.1%
28 Jan 2025DEC-1.1%–0.8% ®

Voir dans le calendrier économique →

Pourquoi c’est important

GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.

Mode de calcul

Statistics Norway (SSB) estimates each component from surveys, tax and trade data, after inflation where noted ("real").

Ce que signifient les variations

  • Strong spending with weak income growth cannot last: watch the savings rate.
  • Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.

Supérieur aux attentes : A stronger figure than expected points to a healthier economy: it usually supports the Norwegian krone and local stocks, and can push bond yields up.

Inférieur aux attentes : A weaker figure than expected points to slowing activity: the Norwegian krone tends to soften and markets price in lower rates.

Un bref historique

The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.

Questions

What is the Norway Household Consumption MoM?

The Norway Household Consumption MoM is one part of the national accounts of Norway: what households spend, what businesses invest, what they earn, or how productive workers are.

What was the latest Norway Household Consumption MoM?

0.5% for MAY, published on 21 August 2025.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.