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Sweden Retail Sales Highest In 7 Months

Sweden's retail sales rose to the highest level in seven months in February, figures from Statistics Sweden showed on Friday.

Retail sales rose a working-day adjusted 2.8 percent year-on-year in February, following a 2.7 percent increase in January.

The latest increase in sales was the highest since July 2019, when it was 4.3 percent.

Sales of consumables, excluding those from the state-owned chain of liquor stores, rose by 2.2 percent, and sales of durable increased by 4.7 percent.

On a monthly basis, retail sales rose 0.2 percent in February.

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