Norway July Retail Sales Fall More Than Expected

Norway’s retail sales declined more than expected in July, after rising in July, figures from Statistics Norway showed Friday.

Retail sales volume, excluding sales of motor vehicles, fell 1.5 percent month-over-month in July, more than the 0.3 percent drop expected by economists. In June, retail sales had risen 1.2 percent.

Annually, retail sales volume grew 1 percent in July. In June, retail sales had increased 2.3 percent.

Published: 2014-08-29 10:16:00 UTC+00

Norway July Retail Sales Fall More Than Expected