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In February, retail sales in Canada grew by 0.4% to 49 billion 760 million Canadian dollars, compared with January, when their growth was at the level of 0.1%, according to the statistics of the country. The indicator coincided with the estimates of analysts. February sales growth in annual terms was 3.5%. Retail sales excluding cars remained at the level of January at 36 billion 442 million Canadian dollars and grew by 3.7% year-on-year. According to another data of Statistical Department of Canada, consumer prices in March compared with February increased by 0.3%, in annual terms, growth was 2.3%. Analysts predicted growth of the first indicator by 0.4%, of the second one - by 2.4%.
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 ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
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 ...
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