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Norway Retail Sales Fall In September

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Thursday, the Statistics Norway said the seasonally adjusted retail sales volume, excluding motor vehicles, dropped 1.2% in September, after a 0.2% growth in August. Economists expected a 0.4% rise.

Year-on-year, the unadjusted retail sales volume grew 0.9%, faster than a 0.4% rise the previous month. Retail sales value was up 2.8%, after a 2% growth last month.

Meanwhile, retail sales volume excluding petrol rose 2% compared to a 1.5% rise in August.

(Market News Provided by RTTNews)

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