RTTNews - Friday, the Statistics Sweden said retail sales climbed 5.4% year-on-year in July, much faster than a 1.9% growth in the preceding month. Economists expected a rise of 3.2%.

On a monthly basis, retail sales grew a seasonally adjusted 1.9%, reversing a 0.4% fall in June. Economists expected a 0.4% increase.

In the May to July period, retail sales rose 3.1%, on a seasonally adjusted basis, compared with the preceding three months.

For comments and feedback: contact editorial@rttnews.com