Retail outlook brightens as Swedish trade confidence improves

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Retail outlook brightens as Swedish trade confidence improves
Photo: Adam Ihse/TT

The retail trade indicator rose 2.7 points to 104.9 and is thus above the neutral level of 100. Wholesale trade is also rising, while the tone in non-durable goods trade remains slightly more cautious.

"Optimism in large parts of the trade sector is back. We are pleased that confidence in the future is increasing in all sub-sectors, and that we can hopefully soon say that the entire trade sector is looking ahead to the future," says Sofia Larsen, CEO of Svensk Handel, in a press release.

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

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