Weak Growth in Daily Goods
Photo: Magnus Lejhall/TT

Weak Growth in Daily Goods Trade Despite Sales Increase

Sales in the daily goods trade increased by 3.0 percent in May this year compared to the same month last year. However, the inflation for food and non-alcoholic beverages amounted to 5.2 percent and the sales trend is thus estimated to be -2.2 percent, according to the industry organization Swedish Daily Goods Trade's Daily Goods Index.

The food price inflation has stabilized during the spring and in combination with a strengthened Swedish krona, it gives positive signals to both customers and the industry, according to Karin Brynell, CEO of Swedish Daily Goods Trade.

Sales in e-commerce and home delivery have increased more, by 4.1 and 4.3 percent respectively. However, e-commerce is expected to decrease during the summer.

"Then more people are away and shop to a greater extent in stores”, says Karin Brynell in a press release.

AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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