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In September, UK retail sales fell 0.8% from August, when they grew 0.4%, the ONS said. Analysts had predicted a less significant reduction - by 0.4%. The decrease is due to the maximum for 3 years fall in food costs. Their sales fell 1.5%. Compared with September last year, the figure increased by 3%. Monthly decline in sales, excluding automotive fuel, was 0.8%. In annual terms, the figure rose by 3.2%. The results of the third quarter were more positive. At the end of the quarter, retail sales increased by 1.2% compared to the same period in 2017. This was facilitated by the growth in sales of jewelry and watches, as well as an increase in goods sold in online stores.
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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