Sweden’s retail sales increased unexpectedly in October, though marginally, data from Statistics Sweden showed Tuesday.

Retail sales edged up a seasonally adjusted 0.1 percent month-over-month in October, following a 0.8 percent rise in September.

Meanwhile, economists had expected a 0.1 percent drop for the month.

On a yearly basis, retail sales grew a working-day-adjusted 2.6 percent in October, slower than the 3.2 percent climb in the previous month.

Sales of consumables advanced 1.1 percent annually in October, while those of durables rose by 3.7 percent

The material has been provided by InstaForex Company – www.instaforex.com

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.

Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.