Sweden Retail Sales YoY

Retail sales in Sweden increased 2.6 percent year-on-year in September 2019, up from a downwardly revised 2.5 percent rise in the prior month and beating market forecasts of a 2.5 percent gain. Sales advanced faster for both durables (4 percent vs 3.7 percent in August) and consumables (0.9 percent vs 0.4 percent). On a seasonally adjusted monthly basis, retail sales went up 0.3 percent, after showing no growth in the previous month but below market expectations of a 0.4 percent rise.

Retail sales in Sweden increased 2.7 percent year-on-year in August of 2019, easing from a downwardly revised 3.9 percent rise in the previous month and below market expectations of a 3 percent advance. It was the lowest annual gain in retail trade since February, as slowed for durables (4 percent vs 7.2 percent in July). Meantime, sales of consumables rebounded (0.6 percent vs -0.6 percent). On seasonally adjusted monthly basis, retail trade showed no growth, after a downwardly revised 0.3 percent gain in July and compared with market expectations of 0.2 percent.

Sweden’s retail sales increased 4.3 percent year-on-year in July 2019, following a downwardly revised 3.4 percent rise in the previous month. It was the biggest gain in retail trade since May 2016, as sales went up further for information and communication equipment (21 percent from 16.6 percent in June); other household equipment (12.4 percent from 4.4 percent), namely hardware, plumbing and building materials, paints and glass (13.6 percent from 4.6 percent) and home and office furniture (12.3 percent from 3.1 percent); and other goods (3.5 percent from 1.8 percent), in particular clothing (4.3 percent from 3.7 percent), pharmaceutical and medical goods (1.3 percent from -1.9 percent), cosmetic and toilet articles, medical, cosmetic and toilet articles (5.8 percent from -5.4 percent) and jewellery (7.6 percent from 0.5 percent). On a monthly basis, retail sales advanced 0.4 percent, slowing from an upwardly revised 1.2 percent rise in June.

Retail sales in Sweden increased 3.8 percent year-on-year in June of 2019, up from a 0.5 percent in the previous month. Sales in consumables rose 1.4 percent in June, rebounding from a 2 percent drop in May, and those of durables climbed 5.8 percent, faster than a 0.9 percent gain. On a monthly basis, retail trade advanced 1 percent, recovering from a 1.9 percent slump in May.

Retail sales in Sweden decreased 0.5 percent year-on-year in May of 2019, down from a downwardly revised 3.7 percent rise in the previous month. It was the first fall in retail trade activity since December last year, as sales in consumables fell by 2.1 percent, while those in durables went up by 0.9 percent. On a monthly basis, retail trade slumped 2 percent, after a 1.9 percent gain in April and compared with market expectations of a 0.8 percent drop.

Sweden's retail trade growth accelerated to 3.9 percent year-on-year in April 2019 from 1.9 percent in the previous month, boosted by sales of information and communication equipment (18.7 percent vs 8.4 percent); other household equipment (7.1 percent vs 7 percent); and trade at stalls and market stands; other retail sale not in stores, stalls or markets (25.9 percent vs 4.9 percent). By contrast, sales of cultural and recreation goods dropped 3.9 percent, compared to a 2.8 percent decline in March. On a monthly basis, retail trade surged 1.9 percent.