STOCKHOLM (dpa-AFX) - Sweden's retail sales grew at a faster rate in July, data from Statistics Sweden showed on Wednesday.
Retail sales rose a working day adjusted 4.3 percent year-on-year in July, following a 3.4 percent increase in June.
Sales for durable goods rose 7.9 percent annually in July, while consumables decreased 0.4 percent.
On a monthly basis, retail sales rose 0.4 percent in July. Economists had expected a 0.3 percent rise.
For the May to July period, retail sales rose 0.2 percent compared to the previous three months.
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