Consumer confidence index in Norway quarterly 2018-2023
The consumer confidence index (CCI) dropped to minus 36.8 in the fourth quarter of 2022 and continued to remain historically low in the first quarter of 2023. This was the lowest value ever measured since the index started in 1992. Rising costs of living have made Norwegian consumers pessimistic about the future through 2022. A positive value indicates that the consumers are optimistic about the economic situation, while a negative value indicates pessimism. The index increased slightly over the second and third quarter of 2023, but remained at minus 30.
