Sweden's retail trade surged by 9.1 percent from a year earlier in March of 2021, following an upwardly revised 5.4 percent rise in the previous month. It was the strongest increase in retail activity since March of 2007, mainly due to a low base comparison from the previous year at the onset of the pandemic crisis. Sales increased primarily for electronics and electrical household appliances (31 percent vs 27.6 percent in February); cultural and recreation goods (26.9 percent vs 13 percent) and textiles, clothes & footwear (22.3 percent vs -17.2 percent). In addition, online trade continued to rise solidly (42.7 percent vs 43.8 percent). On a monthly basis, retail sales advanced by 2.6 percent, after an upwardly revised 1.7 percent rise in the previous month. source: Statistics Sweden
Retail Sales YoY in Sweden averaged 2.81 percent from 1992 until 2021, reaching an all time high of 10.90 percent in May of 2000 and a record low of -7.60 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 May of 2021.
Retail Sales YoY in Sweden is expected to be 3.60 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 3.00 in 12 months time. In the long-term, the Sweden Retail Sales YoY is projected to trend around 2.20 percent in 2022, according to our econometric models.