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UK Retail Sales increased by 1.0%

In August 2017, the quantity bought (volume) in the retail sales industry increased by 1.0% compared with July 2017; with other non-food stores and non-store retailing as the main contributors to growth. Compared with August 2016, the quantity bought increased by 2.4%; the 52nd consecutive month of year-on-year increase in retail sales. Year-on-year contribution of food stores remains flat whilst there was a fall in the contribution of growth within petrol stations, showing that contributions to the overall growth came from non-essential items.

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U.S. Retail Sales fell by 0.2%

An unexpected decline in August retail sales and downward revisions to the prior two months mainly reflected weaker results at auto dealerships, Commerce Department figures showed Friday. Overall sales fell 0.2% (est. 0.1% gain) after a 0.3% increase (prev. 0.6% gain); June sales dropped 0.1% (prev. 0.3% rise).

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Australian Retail Sales unchanged in July

In trend terms, the balance on goods and services was a surplus of $768m in July 2017, a decrease of $250m on the surplus in June 2017. In seasonally adjusted terms, the balance on goods and services was a surplus of $460m in July 2017, a decrease of $428m on the surplus in June 2017. In seasonally adjusted terms, goods and services credits fell $709m (2%) to $31,071m. Non-rural goods fell $631m (3%), non-monetary gold fell $330m (17%) and net exports of goods under merchanting fell $4m (15%). Rural goods rose $97m (2%). Services credits rose $159m (3%).

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Eurozone Retail Sales fell by 0.3%

In July 2017 compared with June 2017, the seasonally adjusted volume of retail trade fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In June, the retail trade volume increased by 0.6% in the euro area and by 0.5% in the EU28. In July 2017 compared with July 2016, the calendar adjusted retail sales index increased by 2.6% in the euro area and by 2.7% in the EU28.

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