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The volume of retail sales in the UK declined in June by 0.5% compared to May, when there was an increase of 1.4%, according to the Office for National Statistics. Analysts had predicted an increase of 0.2%. At the same time, the second quarter saw the largest increase in retail sales in the country since the first quarter of 2004. The quarterly indicator this year grew by 2.1%. Sales in annual terms in June increased by 2.9%, not justifying the forecasts of analysts who had expected growth of 3.5%. In grocery stores, sales increased in June compared with May by 0.1%. At the same time, following the results of the second quarter, the most significant demand for food and beverages since 2011 was noted. Sales in online stores in June rose in annual terms by 14.3%.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
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 ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
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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