Sweden Retail Sales Growth Slows In April

By RTTNews Staff Writer   ✉   | Published:

Sweden's retail sales grew at a softer pace in April, figures from Statistics Sweden showed on Friday.

Retail sales rose 7.2 percent year-on-year in April, after a 8.1 percent increase in March. Sales grew for the fourth consecutive month.

Retail sales in durables gained 10.9 percent in April and those of consumables, excluding sales at the state-owned chain of liquor stores increased 3.3 percent.

On a monthly basis, retail sales fell a seasonally adjusted 1.4 percent in April.

Separate data from the statistical office showed that the household lending increased 5.7 percent yearly in April.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.