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Financial News: Norway Retail Sales Rise For Second Month

Norway Retail Sales Rise For Second Month

03/30/2017 - 02:32:00 (RTTNews)

(RTTNews) - Norway's retail sales increased for the second straight month in February, figures from Statistics Norway showed Thursday.

Retail sales volume, excluding motor vehicles, rose a seasonally adjusted 1.0 percent month-over-month in February, slower than the 1.4 percent climb in January.

On an annual bass, the volume of retail sales went up a working-day-adjusted 1.0 percent in February and the value of sales grew by 3.3 percent.

During the December to February period, retail sales volume dropped a working-day-adjusted 0.9 percent compared with the same period last year.

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