Sweden's retail sales declined for the first time in four months in May, figures from Statistics Sweden showed on Monday.
Retail sales fell a seasonally and working-day adjusted 4.8 percent month-on-month in May, reversing a revised 1.5 percent increase in April.
Sales of consumables, excluding sales at the state-owned chain of liquor stores, declined 2.8 percent annually in May, and those of durables plunged by 6.0 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.