Skip to content
Subscriber Only

Norwegian Retail Sales Growth Stalls as Economic Expansion Slows

Norwegian retail sales stalled in March as a rally in the krone and a recession in Europe weighed on the labor market.

Retail sales, excluding motor vehicles and petrol stations, were unchanged in the month, after rising 0.5 percent in February, the Oslo-based statistics office said today. They fell an annual 4.2 percent. Sales were estimated to be unchanged in the month, according to a Bloomberg survey of seven economists.