Norway Retail Sales Rebound In August

Verified Media
· Views 112

Norway's retail sales increased in August, after falling in the previous month, figures from Statistics Norway showed on Wednesday.

Retail sales, except motor vehicles and motorcycles, rose a seasonally adjusted 0.7 percent month-on-month in August, reversing a revised 2.0 percent fall in July.

Sales of food and beverages alone grew 2.3 percent monthly in August, and those of other household equipment gained 1.1 percent.

Retail sales in non-specialized stores climbed 1.0 percent, and sales of ICT equipment increased 1.4 percent.

Meanwhile, sales of cultural and recreation goods registered a fall of 1.1 percent compared to last month.

On a year-on-year basis, retail sales declined a calendar-adjusted 4.0 percent in August, slower than the 9.0 percent sharp fall in the previous month.

Economic News

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website:

If you like, reward to support.


No comment on record. Start new comment.