Financial News: Norway Retail Sales Fall 0.3% In September

Norway Retail Sales Fall 0.3% In September

10/30/2024 - 03:29:00 (RTTNews)

(RTTNews) - Norway's retail sales decreased in September after rising in the previous two months, preliminary data from Statistics Norway showed on Wednesday.

The volume of retail sales dropped a seasonally adjusted 0.3 percent month-on-month in September, reversing a 0.1 percent gain in August.

Retail sales in non-specialized stores fell 0.5 over the month, and sales of cultural and recreational goods slid by 0.7 percent. On the other hand, sales of food and non-alcoholic beverages grew by 4.5 percent.

On a yearly basis, retail sales declined at a faster pace of 0.6 percent in September, following a 0.1 percent fall a month ago.

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