Sweden's retail trade jumped by 10.3 percent from a year earlier in May of 2021, following a downwardly revised 7 percent rise in the previous month. It was the strongest rise in retail activity since May of 2000, boosted by sales of electronics and electrical household appliances (21.4 percent vs 17.6 percent in April); clothes and footwear (22.5 percent vs 18 percent); jewellery (35.4 percent vs 24.6 percent) and cultural and recreation goods (3.5 percent vs 0.5 percent). In addition, online trade continued to rise solidly (18.1 percent vs 17.4 percent). On a monthly basis, retail sales rose 2.3 percent, after a downwardly revised 0.4 percent decrease in the preceding month. source: Statistics Sweden
Retail Sales YoY in Sweden averaged 2.84 percent from 1992 until 2021, reaching an all time high of 10.90 percent in May of 2000 and a record low of -7.60 percent in December of 1992. This page provides the latest reported value for - Sweden Retail Sales YoY - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Retail Sales YoY in Sweden is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales YoY in Sweden to stand at 4.60 in 12 months time. In the long-term, the Sweden Retail Sales YoY is projected to trend around 3.80 percent in 2022 and 2.30 percent in 2023, according to our econometric models.