Denmark retail sales fall for third month

0
Policymakers are hoping that rising prices may prompt Japanese consumers to start spending more money and boost domestic consumption

Denmark’s retail sales declined for the third straight month in August, figures from Statistics Denmark showed on Monday.

Retail sales fell a seasonally adjusted 0.4 per cent month-on-month in August. Sales of clothing and other goods increased 2.8 per cent monthly in August and those of sales of food and grocery rose 0.5 per cent.

Meanwhile, sales of other consumables fell 1.8 per cent.

On an annual basis, retail sales increased 4.0 per cent in August, following a 4.9 per cent growth in the previous month.

Send your news stories to [email protected] Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here