Financial News: Norway Retail Sales Growth Improves

Norway Retail Sales Growth Improves

05/28/2025 - 04:01:00 (RTTNews)

(RTTNews) - Norway's retail sales growth accelerated for the second straight month in April, preliminary data from Statistics Norway showed on Wednesday.

The volume of retail sales rose a calendar-adjusted 4.2 percent year-on-year in April, following a 3.1 percent increase in the previous month.

Retail sales of information and communication technology equipment grew sharply by 33.0 percent annually, and those of culture and recreation goods rose by 9.5 percent. On the other hand, sales of automotive fuel showed a decline of 4.6 percent.

On a monthly basis, retail sales increased 0.7 percent in April versus a 0.6 percent gain in March.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Inflation Data Due On Friday (01 hr(s), 30 min(s), 50 sec(s) ago)
(RTTNews) - Japan will on Friday release July figures for Tokyo inflation, highlighting a light da ...Full Story»

Turkish Central Bank Slashes Interest Rate To 43% (02 hr(s), 12 min(s), 50 sec(s) ago)
(RTTNews) - Turkey's central bank lowered interest rates more than expected on Thursday in a b ...Full Story»

U.S. New Home Sales Rebound Much Less Than Expected In June (08 hr(s), 11 min(s), 50 sec(s) ago)
(RTTNews) - After reporting a steep drop by new home sales in the U.S. in the previous month, the ...Full Story»

Treasury Announces Details Of Two-Year, Five-Year & Seven-Year Note Auctions (08 hr(s), 10 min(s), 50 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions ...Full Story»

U.S. Initial Jobless Claims Unexpectedly Dip To 217,000 (08 hr(s), 53 min(s), 50 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing another modest ...Full Story»

ECB Leaves Rates Unchanged As Expected (09 hr(s), 37 min(s), 50 sec(s) ago)
(RTTNews) - The European Central Bank held its key interest rates steady on Thursday, in line with ...Full Story»

UK Private Sector Growth Moderates On Services Activity (10 hr(s), 18 min(s), 50 sec(s) ago)
(RTTNews) - UK private sector output continued to grow in July but the pace of expansion moderated ...Full Story»

Eurozone Private Sector Growth At 11-Month High (10 hr(s), 52 min(s), 50 sec(s) ago)
(RTTNews) - The euro area private sector grew at the fastest pace in almost a year in July as the ...Full Story»