Sweden’s retail sales accelerated in March, figures from Statistics Sweden showed on Wednesday.
Retail sales rose 9.1 percent year-on-year in March, following a 5.4 percent increase in February. Sales grew for the third consecutive month.
Retail sales in durables gained 19.9 percent in March and those of consumables, excluding sales at the state-owned chain of liquor stores decreased 4.6 percent.
On a monthly basis, retail sales rose a seasonally adjusted 2.6 percent in March.
For the three month ended in March, retail sales rose a wording-day and seasonally adjusted 4.1 percent quarterly.
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