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Retail sales in the US rose by 0.5% in June compared to a rise of 1.3% in May, the Ministry of Commerce said. June growth, which coincided with forecasts of the economists, contributed to an increase in purchases of cars and a number of other goods. In annual terms, sales growth was 6.6%. Sales of cars increased by 0.9% compared to growth of 0.8% in May. Against the backdrop of higher gasoline prices, sales at service stations increased by 1%. In clothing stores, sales fell by 2.5%, noting the biggest drop since February 2017. Sales on the Internet and by mail showed the largest increase since November 2017, increased by 1.3% after an increase of 0.4% in May. Sales in furniture stores grew by 0.6%, in restaurants and bars - by 1.5%.
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 ...
KYC Policy