Sweden's retail sales decreased for the third straight month in February, figures from Statistics Sweden showed on Monday.
Total retail sales, excluding fuel, dropped a seasonally and working-day adjusted 0.6 percent month-on-month in February, following a 0.1 percent fall in January.
Sales of durables fell 0.9 percent from last month, while those of consumables remained flat. Within durables, information and communication equipment showed 5.3 percent fewer sales, and demand for watches and jewelry declined notably by 7.1 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.