“The summer trade is an important period for the entire trade. Increased tourism from both Swedish and foreign tourists as a result of a weak krona means that there are more visits to the country’s stores. The positive signals we are now receiving are extremely welcome after the steel bath that the trade is certainly still going through,” says Sofia Larsen, CEO of Swedish Handel, in a comment.
The indicator value for retail trade rose by 2.2 units to 80.0. E-commerce rose more modestly by 0.8 to 86.5.
The wholesale trade indicator value in turn fell by 2.8 units to 80.8.
The results mean that Swedish traders had a negative view of the next three months based on sales, the number of employees and the profitability of the business for 14 months in a row.