Sweden's retail sales rose 2.4 percent from a year earlier in May of 2020, following an upwardly revised 1.4 percent decrease in April, as many shops reopened amid easing containment measures. A sharp increase in sales was observed for cultural & recreation goods (15.3 percent vs 3.6 percent in April). Also, those via mail orders or via Internet continued to rise markedly (33.6 percent vs 28.8 percent). On a seasonally adjusted monthly basis, retail trade went up 0.5 percent, after an upwardly revised 0.4 percent increase in the previous month.
Retail Sales YoY in Sweden averaged 2.80 percent from 1992 until 2020, reaching an all time high of 10.90 percent in May of 2000 and a record low of -7.70 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 2020. source: Statistics Sweden
Retail Sales YoY in Sweden is expected to be -4.70 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 2.00 in 12 months time. In the long-term, the Sweden Retail Sales YoY is projected to trend around 3.00 percent in 2021 and 2.20 percent in 2022, according to our econometric models.