Norway's retail sales decreased for the second straight month in March, though marginally, preliminary data from Statistics Norway showed on Wednesday.
The volume of retail dropped a seasonally adjusted 0.1 percent month-on-month in March, slower than the 1.1 percent decrease in February.
The overall decrease was mainly driven by 8.8 percent lower sales in automotive fuel. Retail sales in non-specialized stores fell 1.9 percent, while sales of food items rebounded 1.2 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.