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In January, Canadian retail sales declined by 0.3% on a monthly basis, after a similar decline in January, reaching 50 billion 87 million Canadian dollars. This statistical office data came as a surprise to experts who had expected retail growth of 0.4%. The index has been falling for the past three months. Annual retail sales rose 1.1%. Retail sales excluding automobiles increased by 0.1% in monthly terms and by 0.6% in annual terms. According to another statistical office, annual inflation in Canada accelerated in February to 1.5% from the January value of 1.4%. Economists had expected the figure to remain at 1.4%. Consumer prices compared with January increased by 0.7% with analysts' had predicted an increase by 0.6%.
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 ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
The dollar firmed on Thursday as a decline in Chinese retail sales worried investors, while the rest of the market anticipates the EU summit this weekend. The euro was down 0.1% to $1.1401, while the dollar stood at 106.95 on the yen. The ...
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