Friday, 29 March 2024
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RETAIL SALES

UK Retail Sales Were Stronger Than Expected at Start of the Year
Friday, 22 March 2024 21:13 WIB | Economy

UK retail sales were stronger than expected in the first two months of the year as wet weather prompted consumers to buy clothing and more goods from Internet stores. The volume of goods sold in shops and online was unchanged last month after a 3.6% gain in January, which was revised up...


UK Retail Sales Rise More Than Forecast as Economy Stabilizes
Friday, 16 February 2024 21:00 WIB | Economy

UK retail sales posted the biggest monthly rise in almost three years, adding to hopes that the economy has stabilized after slipping into recession last year. The volume of goods sold in stores and online gained 3.4% in January, the most since April 2021 when the economy was emerging...


Retail Sales Tumbled 0.8% in January, Much more than Expected
Friday, 16 February 2024 03:32 WIB | Economy

Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday. Advanced retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had...


Retail Sales Jump in December to Cap off Holiday Shopping Season
Thursday, 18 January 2024 03:36 WIB | Economy

Sales at U.S. retailers jumped 0.6% in December to cap off a reasonably robust holiday shopping season, suggesting the economy still has the power to expand. Economists polled by The Wall Street Journal had forecast a 0.4% increase. Taken together, sales in November and December suggest a...


Australia Retail Sales Unexpectedly Fall as Rate Hikes Take Toll
Tuesday, 28 November 2023 14:34 WIB | Economy

Australian retail sales unexpectedly fell in October, in a sign that the Reserve Bank’s aggressive interest-rate increases are beginning to weigh on households. Sales dropped 0.2% from a month earlier, compared with estimates for a 0.1% rise, Australian Bureau of Statistics data showed Tuesday....


UK Monthly Retail Sales Unexpectedly Fall in October
Friday, 17 November 2023 21:11 WIB | Economy

Britain's retail sales tumbled 0.3% month over month in October following a revised 1.1% fall in September, the Office for National Statistics said Friday. Analysts expected a 0.3% growth for the month. On a yearly basis, retail sales were down 2.7%, against a revised 1.3% decline earlier and...


Retail Sales In The U.S. Fall For First Time In Seven Months
Thursday, 16 November 2023 03:32 WIB | Economy

Sales at retailers nationwide fell 0.1% in October and dropped for the first time in seven months, but the decline is unlikely to last as the U.S. enters the holiday shopping season. Economists polled by The Wall Street Journal had forecast a 0.2% drop in sales. It was the first negative reading...


China’s Economic Activity Mixed as Beijing Steps Up Support
Wednesday, 15 November 2023 15:57 WIB | Economy

China’s economic activity was mixed in October as consumer spending and industrial output picked up, while investment growth slowed on an ongoing property crisis that has dampened the recovery’s outlook.  Retail sales climbed 7.6% from a year earlier, the National Bureau of Statistics...


Australia’s Surprisingly Strong Retail Sales Fuel Rate Hike Bets
Monday, 30 October 2023 14:48 WIB | Economy

Australian retail sales surpassed expectations in September, an outcome that will likely boost the Reserve Bank’s confidence that the economy can withstand further interest rate hikes. Sales advanced 0.9% from a month earlier, far exceeding estimates for a 0.3% rise, Australian Bureau of...


US Retail Sales Rose 0.7% In September Vs. 0.3% Anticipated
Wednesday, 18 October 2023 02:12 WIB | Economy

Retail Sales in the US rose 0.7% on a monthly basis in September to $704.9 billion, the data published by US Census Bureau showed on Tuesday. This reading followed the 0.8% (revised from 0.6%) increase recorded in August and came in better than the market expectation of 0.3%. Retail Sales...


Australian Retail Sales Cool, Boosting Case to Extend Rate Pause
Thursday, 28 September 2023 15:27 WIB | Economy

Australian retail sales rose at a weaker pace than expected in August in a sign that the Reserve Bank’s rapid interest-rate increases are weighing on the economy.  Sales advanced 0.2% from a month earlier, slightly below estimates for a 0.3% rise, Australian Bureau of Statistics...


UK Retail Sales Rebound With Shoppers Returning After Wet July
Friday, 22 September 2023 19:52 WIB | Economy

UK retail sales rebounded in August as the return of more settled weather brought consumers back into the shops. The volume of goods sold in stores and online rose 0.4% in August, the Office for National Statistics said Friday. That partially recovered from a revised 1.1% drop in July, when cool...


Retail Sales Climb Fifth Month In A Row, But Mostly Due To Higher Gas Prices
Friday, 15 September 2023 02:24 WIB | Economy

Sales at U.S. retailers rose 0.6% in August despite a hangover for Internet stores after the Amazon Day sales event, but most of the increase was tied to higher gasoline prices. Sales had been forecast to rise just 0.1% last month after a much larger gain in July, when Amazon (AMZN) recorded its...


UK Retail Sales Fall More Than Expected During Rainy, Cool Spell
Friday, 18 August 2023 19:47 WIB | Economy

UK retail sales fell more than expected in July after a spell of cool and rainy weather kept people out of shops. The volume of goods sold in stores and online fell 1.2% last month after an 0.6% gain in June, the Office for National Statistics said Friday. Economists had forecast a 0.6%...


China’s Economic Data Misses Expectations, Drops Youth Unemployment Number from Report
Tuesday, 15 August 2023 16:08 WIB | Economy

China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months. Retail sales rose by 2.5% in July from a year ago, below expectations for a 4.5%...


UK Retail Sales Jump More Than Expected After Record Warmth
Friday, 21 July 2023 19:52 WIB | Economy

Britain’s hottest June on record helped lift retail sales, pushing consumers into department stores and supermarkets to spend on everything from food to furniture.  The volume of goods sold in stores and online rose 0.7% last month after a 0.1% gain in May, the Office for...


Euro Zone Retail Sales Flat in May, Still Down Year-on-Year
Thursday, 6 July 2023 23:13 WIB | Economy

Retail sales in the euro zone were unchanged in May, Eurostat said on Thursday, as increased spending on non-food items offset declines for food and automotive fuel. Retail sales volumes in the 20 nations sharing the euro currency were unchanged from April and were 2.9% lower year-on-year. That...


US Retail Sales Unexpectedly Rise in Sign of Consumer Resilience
Friday, 16 June 2023 02:17 WIB | Economy

US retail sales unexpectedly rose in May, showcasing resilient consumer demand in the face of mounting economic challenges. The value of retail purchases climbed 0.3% after a 0.4% gain in April, Commerce Department data showed Thursday. Excluding autos and gasoline, sales were up...


US Retail Sales Increase in Sign of Steady Consumer Spending
Wednesday, 17 May 2023 02:16 WIB | Economy

US retail sales increased last month, reflecting strength in several categories that highlights steady consumer spending. The value of retail purchases rose 0.4% after an upwardly revised 0.7% decrease in March, Commerce Department data showed Tuesday. Excluding autos and gasoline,...


Australia’s Retail Sales Gain in March Driven by Food Inflation
Wednesday, 3 May 2023 15:40 WIB | Economy

Australian retail sales rose for a third straight month in March, driven primarily by food inflation, as household spending begins to cool under the weight of the Reserve Bank’s aggressive interest-rate increases. Sales advanced 0.4% from a month earlier, compared with a forecast 0.2%...



Market Review Tuesday, March 26, 2024
Wednesday, 27 March 2024 03:31 WIB

Nikkei Tokyo stocks ended flat on Tuesday as investors held out hope for gains in semiconductor-related shares while locking in profits after...

S&P 500 Rises Slightly, Tries to Recover from Back-to-Back Losses
Tuesday, 26 March 2024 20:38 WIB

U.S. stocks rose slightly Tuesday, as investors tried to resume the rally that took equities to record highs after a decline in the previous...

European stocks close slightly higher; Tui shares up 5%, Maersk falls 2.6%
Wednesday, 27 March 2024 00:11 WIB

European markets closed higher Tuesday as investors continue to ponder last week's central bank policy decisions in Europe and the U.S. The...

S&P 500 Closes Lower for a Third Straight Session as Market Rally Cools
Wednesday, 27 March 2024 03:26 WIB

The S&P 500 fell for a third consecutive session on Tuesday. The broader market index slid 0.28% to close at 5,203.58, while the Nasdaq...

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