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Wholesale sales in Canada reached $65.3 billion in April, the rise for the fifth consecutive month. April's growth was at the level of 1.7%. At the same time, 5 of the 7 sectors showed an increase in sales. The largest growth was recorded in the sector of automobiles and parts for them, where sales grew by 3.2% to 11.8 billion dollars, noting the highest value since November 2017. A month earlier there was a decrease in this indicator by 1.9%. In April, machinery, equipment and consumables were sold for $13.9 billion. Over the month, the figure rose by 2.2%. Sales of household goods increased by 3.1%. Wholesale inventories increased in April for the eighth months in a row. Their volume increased by 0.4% to 90.6 billion dollars. Stocks of building materials rose by 0.9%, and the household goods sector increased its reserves by 1.1%.
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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