Norway’s retail sales dropped in August, figures from Statistics Norway showed on Monday.
Retail sales fell 4.9 percent month-on-month in August, after a 0.6 percent increase in July.
Sales of cultural and recreation goods declined 23.0 percent monthly in August. Sales of information and communication [technology][1] decreased 10.7 percent and those of food and beverages fell by 4.6 percent.
Sales of other household equipment fell 7.6 percent and sales in non- specialized stores declined 3.1 percent.
Excluding motor vehicles and gas stations, retail sales fell 5.3 percent monthly in August, after a 0.5 percent increase in the preceding month.
On a year-on-year basis, retail sales increased 8.2 percent in August, after a 13.8 percent rise in the prior month.
Separately, the statistical office reported that the household consumption declined 3.8 percent month-on-month in August, after a 2.0 percent increase in July.
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