In February, retail sales in the UK increased by 0.4% compared to January, the data of the ONS showed. Compared to a 0.9% rise in the previous month, retail sales slowed growth in February. The index coincided with the estimates of economists. At the same time, the annual rate of sales growth last month peaked from December 2016 to the level of 4%, with a 3.3% increase expected by experts. The sales figure, which does not take into account fuel for automobiles, increased in monthly terms by 0.2% and increased over the year by 3.8%. Motor fuel was sold in February by 2.2% more than in January. Food sales fell by 1.2%, sales of clothing and footwear - by 0.3%. Between December and February, retail sales showed an increase by 0.7%.
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 ...