Christmas sales stronger than last year

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Christmas sales stronger than last year
Photo: Nils Petter Nilsson/TT

One of the most intense shopping holidays of the year is coming to an end - and for many companies, results from Christmas shopping were better than last year, according to a summary from the Swedish Chamber of Commerce.

Sales in the grocery trade between December 1 and Christmas Eve rose by 6 percent, compared to the same period last year.

Retail sales increased by 5.3 percent, and sales in the non-durable goods trade rose by 4.6 percent.

"This is in line with the forecast we published before Christmas, which indicates that Christmas trade will increase and that this year's trade will reach SEK 24.5 billion. Only the record year 2021 had a higher forecast, which indicates that the recovery of trade is finally underway," says Maria Mikkonen, chief economist at Swedish Trade, in a press release.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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