RTTNews - Thursday, the Statistics Sweden said in a preliminary report that the retail sales increased 5% year-over-year in April, compare to the 2% fall in the preceding month. Economists were looking for an increase of 0.3%.
On a monthly basis, retail sales rose a seasonally adjusted 3.5% in April, after falling 0.3% in March. Economists had expected an increase of 0.3%.
For the February to April period, retail sales grew 1.3% compared to the previous three-month period.
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