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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of jobs
(RTTNews) - The Statistics Sweden on Thursday downwardly revised retail sales figures for January due to the application of incorrect information in the preliminary calculation.
According to the corrected data, retail sales increased 3.3% year-on-year in January, the same rate of growth as seen in December. On a monthly basis, the retail trade sales volume moved up 0.8%, following December's 0.4% increase. Sales recorded a 0.7% rise during October to January period compared to the previous three months.
The data released on February 26 had shown an annual increase of 5.1% in retail sales and a 1.7% growth on a monthly basis in January.
In current prices, retail trade turnover increased 2.5% from January 2009. Retail trade for consumables showed an increase of 2.4% and durables goods sale rose 2.6%.
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