Monday, January 28, 2013

Market signals: Retail sales in Sweden

According to recent figures from the Swedish Retail Research Intitute, HUI, retail sales at current prices declined at the end of the year by 0.4 per cent between December 2011 and December 2012. Sales of durable goods declined by 2.5 percent, while sales of grocery goods grew by 2.4 percent in December. Compared with other trade segments the sports trade was very strong development with nearly 24 percent of growth. Footwear sales increased with almost 7 percent in current prices. The biggest losers were optics trade (-15.3) and electronic commerce (-12.8). Prices continue downward in the electronics industry that is pressed hardly by the continued high level of competition.

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