FX.co ★ Sweden's Retail Sales Show Improvement in February 2024

In February 2024, Sweden's retail sales data showed improvement with a current indicator of 0.3%, compared to the previous indicator of -1.2% in January 2024. This positive change comes as a welcome sign for the Swedish economy. The data was updated on 28 March 2024, revealing a year-over-year comparison that indicates growth in retail sales for the country. The year-over-year comparison provides insights into the change for the current month compared to the same month a year ago, showcasing a positive upward trend in retail sales for Sweden. This improvement in retail sales could indicate increased consumer confidence and spending, which bodes well for the country's economic outlook moving forward.