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In March, retail sales in the UK rose by 1.1% compared to February, when their rise was recorded at 0.6%. As reported by the ONS, the volume of retail sales has been growing for three months in a row. Analysts did not predict a monthly growth rate. According to their estimates, a decline of 0.3% was expected. The annual sales growth in March by 6.7% was the most significant since October 2016, with the increase expected by experts by 4.6%. Retail sales, which does not include automotive fuel, grew by 1.2% over the month and 6.2% over the year. Sales of goods in online stores increased in annual terms by 23%. For a month, their growth was 4.2%. In the first quarter, retail sales increased by 5% year-on-year.
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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