- Wednesday, 15 March 2017
- News
US Retail Sales in line with market expectations
U.S. retail sales in February posted the smallest gain in six months, indicating a tempering of the consumer spending that’s been carrying the economy. Purchases rose 0.1 percent, matching the Bloomberg survey median estimate, after a 0.6 percent increase in the prior month that was stronger than previously reported, Commerce Department figures showed Wednesday. Just four of the 13 major retail categories saw gains in February sales.
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- Monday, 06 March 2017
- News
Australian Retail Sales in line with market expectations
Australian retail turnover rose 0.4 per cent in January 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a fall of 0.1 per cent in December 2016. In seasonally adjusted terms, there were rises in household goods retailing (1.4 per cent), cafes, restaurants and takeaway food services (1.1 per cent), food retailing (0.2 per cent), and other retailing (0.1 per cent).
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- Wednesday, 15 February 2017
- News
US Retail Sales increased 0.4%
The Commerce Department said retail sales increased 0.4 percent last month, buoyed by purchases of electronics and appliances. Households also spent more on dining out, sporting goods and hobbies. December's sales were revised up to show a 1.0 percent rise instead of the previously reported 0.6 percent advance. Sales rose despite motor vehicle purchases posting their biggest drop in 10 months. Compared to January last year retail sales were up 5.6 percent. Excluding automobiles, gasoline, building materials and food services, retail sales increased 0.4 percent after a similar gain in December.
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- Monday, 06 February 2017
- News
Australian Retail Sales unexpectedly declined by 0.1%
Australian retail turnover fell 0.1 per cent in December 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a rise of 0.1 per cent in November 2016. In seasonally adjusted terms, there were falls in household goods retailing (-2.3 per cent), and other retailing (-0.2 per cent).
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