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Official statistics from Canada showed that in March, retail sales in the country increased by 1.1% compared to February, when their rise was also noted. Growth was shown by 7 out of 11 sub-sectors. Gas stations increased sales by 6%. The index of sub-sectors of building materials and garden equipment increased by 4.3% over the month. Automobiles and spare parts were sold by 0.7% less than in February, while clothing and accessories stores increased the figure by 3.4%. In the first quarter, Canadian retail sector showed an increase of 0.1% against a decrease of 0.5% a quarter earlier. The index of retail sales in physical terms declined in the first quarter by 0.1%. The share of e-commerce sales in total retail sales rose to 3.1% from 2% in March 2016, when the release of their monthly statistics began.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
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