Norway’s core retail sales bounced back in January 2026, rising 1.1% month-over-month, according to data updated on 27 February 2026. The increase follows a decline of 0.6% in December 2025, signaling a notable turnaround in consumer spending at the start of the year.
The figures are based on month-over-month comparisons, with January’s gain measured against December 2025, while the previous reading reflected December’s drop versus November 2025. The sharp swing from contraction to growth suggests that Norwegian consumers resumed spending after a weaker year-end period, a development that will be closely watched by analysts assessing the strength of domestic demand in early 2026.