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A survey of 103 British retailers showed that retail sales in January remained at the same level. In December, the figure fell by 13%, and analysts had expected it to grow in early 2019. In 2018, sales fell to the level of November 2011 and kept at below average levels. Sellers and analysts are waiting for sales growth and growth in number of orders in the next month. Online sales grew at the same pace as in December 2018. According to forecasts, sales growth on the Internet will decline in February to below the average. Sales fell in 6 out of 9 retail sectors. Sales in the automotive sector have not changed. Wholesale sales have grown and will continue to grow in February. The ratio of stocks to sales in January was the highest since February 2008. According to responses of respondents, this is due to the fact that manufacturers are preparing for the release of Britain from the EU, increasing stocks.
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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