In April, Canadian retail sales totaled 51.5 billion Canadian dollars. As shown by official data, the growth rate compared to March was at the level of 0.1%. At the same time, the indicator, which does not take into account cars and spare parts for them, decreased by 0.1%. Gas stations increased their rate by 1.2%. Sales at food and beverage stores increased by 0.4%. Other stores recorded a 2.8% increase in sales for the second month in a row. New car dealers sold cars by 1.2% more than in the previous month. Total sales of cars and spare parts for them increased by 0.1%. The share of sales in online stores rose in April to 3% from 2% a year earlier. Retail e-commerce reported an increase of 14.9% from the same month last year.
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 ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
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 ...
The euro steadied at four-month highs on the dollar after investors pinned hopes on the EU economic rescue fund as European leaders are expected to break a deadlock and agree on a deal. EU leaders had differing stands on the proposed 750 billion ...