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.

For comments and feedback: contact editorial@rttnews.com