Confidence rises in parts of Sweden’s retail sector as August trade barometer shows mixed trends

Published:

Confidence rises in parts of Sweden’s retail sector as August trade barometer shows mixed trends
Photo: Caisa Rasmussen/TT

Confidence in the future is strengthening somewhat in the retail trade in durable goods, such as furniture and consumer electronics, while the grocery trade and wholesale trade are declining.

At the same time, there are small signs that household consumption is slowly recovering. But after several tough years, it will take time before this is seriously felt in stores, Svensk Handel writes in a press release.

The future indicator for the retail trade in durable goods rose by 0.5 points, while the future indicator for the grocery trade fell by 0.9 points. For the wholesale trade, the indicator fell by 1.4 points.

Loading related articles...

Tags

Author

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

Keep reading

Loading related posts...