Norwegian Consumer Confidence Sees Improvement in Second Quarter 2024

Norway's consumer confidence showed signs of improvement in the second quarter of 2024, with the indicator climbing from -24.20 in the first quarter to -16.30 in the latest period. This positive shift in consumer sentiment suggests a growing optimism among Norwegian households regarding economic conditions. The data, updated on May 14, 2024, indicates a more favorable outlook among consumers, which could lead to increased spending and economic activity in the coming months. This rise in consumer confidence bodes well for the overall economic recovery and stability in Norway.