Swedish retail sales slump

Apr 1st 2023 9:59am EDT

Inflation and surging lending costs have dented private spending, an official report indicates Retail sales in Sweden plunged the most on record last month, as inflation and soaring borrowing costs continued to squeeze consumers’ spending power. In February, retail sales in the Nordic region’s largest economy slumped 9.4% compared to the same period of last […]

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