Tuesday, 18 June 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Retail sales look strong, with a solid gain in May and upward revision to prior month
Friday, 14 June 2019 19:50 WIB | ECONOMY |Retail SalesEkonomi AS

Reports of the death of the American consumer were greatly exaggerated as the May retail sales data rose at a solid pace and the decline in the prior month was revised to show a gain.

Retail sales increased 0.5% in May, with broad-based gains, the Commerce Department said Friday. Economists polled by MarketWatch had forecast a solid 0.7% gain.

There was a big rise in auto sales, but the even when that was stripped out, retail sales rose 0.5%, the government said.

Almost all categories showed gains in May. The only decline were food and beverage stores, department stores, miscellaneous stores and clothing.

Electronic store sales jumped 1.1% in May. Health and personal care stores also had a strong sales gain.

Auto sales rose 0.7%. They account for about one-fifth of all retail sales. Retail sales excluding autos and gas also rose 0.5%.

Source : MarketWatch

RELATED NEWS
Australian Employment Rose 42,300 in May; Estimate 16,000 Gain...
Thursday, 13 June 2019 08:50 WIB

Bank sentral Australia mengakhiri jeda hampir tiga tahun terakhir pada pekan lalu, melanjutkan pengurangan suku bunga untuk mencoba mendorong tingkat pengangguran turun menjadi 4,5% - perkiraan baru u...

US: Annual core Consumer Price Index (CPI) falls to 2% in May vs. 2.1% expected...
Wednesday, 12 June 2019 19:54 WIB

Data yang diterbitkan oleh Biro Statistik Tenaga Kerja A.S. pada hari Rabu mengungkapkan bahwa inflasi, yang diukur dengan Indeks Harga Konsumen (CPI), turun menjadi 1,8% di bulan Mei dari 2% di bulan...

Australia Interest-Rate Cut Fails to Lift Gloom About Economy...
Wednesday, 12 June 2019 08:51 WIB

Rumah tangga Australia yang sarat utang merespons lebih banyak dengan kekhawatiran daripada antusiasme terhadap pemotongan suku bunga Reserve Bank, menurut survei yang dilakukan sejak langkah pekan la...

UK wages rise by 3.4% 3m y/y in April, beat estimates...
Tuesday, 11 June 2019 15:52 WIB

Kantor Statistik Nasional Inggris menunjukkan pada hari Selasa, pendapatan mingguan rata-rata Inggris, tidak termasuk bonus, lebih baik dari ekspektasi, di 3,4% 3m y/y di April dibandingkan 3,3% sebel...

UK manufacturing production slumps 3.9% m/m in April, a big miss...
Monday, 10 June 2019 15:58 WIB

Kantor Statistik Nasional (ONS) menerbitkan data produksi industri dan manufaktur Inggris pada Jumat, dengan aktivitas industri secara keseluruhan menunjukkan kelesuan di bulan April. Output manufakt...

LATEST NEWS
Gold Jumps Toward 14-Month High as Investors Bet on Dovish Central Banks

Gold prices on Tuesday jumped to the highest levels in more than a year as comments made in Portugal by European Central Bank President Mario Draghi ahead of a meeting of the Federal Reserve is seen as setting the stage for lower interest...

Oil prices slip for second day on global growth fears

Oil prices fell for a second day on Tuesday on signs that global economic growth is being hit by the U.S.-China trade war, though losses were capped by Middle East tensions after last week's tanker attacks. Brent crude futures were trading 18...

Pentagon Releases New Pictures Accusing Iran of Attacking 2 Oil Tankers

The U.S. Defense Department has released new photographs it says are more proof that Iran attacked two foreign oil tankers in the Gulf of Oman last week. The pictures show what the United States says are Iranian Revolutionary Guard forces taking...

POPULAR NEWS
Gold prices end lower, snap multiday rally
Tuesday, 18 June 2019 01:11 WIB

Gold futures finished lower on Monday, following a four-session streak of gains, pressured by uncertainty ahead of a meeting of the U.S. Federal...

Gold poised to snap 4-day rally as metal hits a wall at around $1,370
Monday, 17 June 2019 19:02 WIB

Gold futures retreated on Monday, after a multiday rally as bullion, which has benefited from concerns about international trade clashes and a...

Gold Retreats From 14-Month High as Fed Cut in Doubt
Monday, 17 June 2019 09:21 WIB

Gold dropped after hitting a 14-month high on Friday as upbeat economic data at the end of last week suggested that there wasn™t an urgent...

Tokyo Stocks Open Lower
Monday, 17 June 2019 07:35 WIB

Tokyo stocks opened fractionally lower on Monday, tracking falls on Wall Street, with investors' eyes on the US-China trade war and key central bank...