- Wednesday, 14 December 2016
- News
US Retail Sales increased less than expected
Sales at U.S. retailers rose less than forecast in November, representing a pause in spending after robust gains in the previous two months. The 0.1 percent advance followed a revised 0.6 percent increase in the prior month that was smaller than initially reported, Commerce Department data showed Wednesday. The median forecast in a Bloomberg survey called for a 0.3 percent gain.
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- Friday, 02 December 2016
- News
Australian Retail Sales increased by 0.5%
Australian retail turnover rose 0.5 per cent in October 2016, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a 0.6 per cent rise in September 2016. In seasonally adjusted terms, there were rises in food retailing (0.6 per cent), household goods retailing (0.7 per cent), other retailing (0.8 per cent) and cafes, restaurants and takeaway food services (0.4 per cent). There were falls in clothing, footwear and personal accessory retailing (-0.4 per cent) and department stores (-0.4 per cent) in October 2016.
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- Thursday, 17 November 2016
- News
UK Retail Sales up by 1.9%
In October 2016, the quantity of goods bought (volume) in the retail industry was estimated to have increased by 7.4% compared with October 2015; all store types showed growth with the largest contribution coming from non-store retailing. This is the highest rate of growth since April 2002. Compared with September 2016, the quantity bought was estimated to have increased by 1.9%; there were increases in all store types, except department stores. The largest contribution to growth came from textiles, clothing and footwear stores.
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- Tuesday, 15 November 2016
- News
US Retail Sales jumped by 0.8%
Sales at U.S. retailers rose more than forecast last month in a broad advance after an even stronger September than initially estimated, showing consumers continue to pump up the economy. A 0.8 percent rise in October followed an upwardly revised 1 percent jump in the prior month, marking the biggest back-to-back increase since March-April 2014, the Commerce Department reported Tuesday. The median forecast in a Bloomberg survey called for a 0.6 percent gain. Over the last 12 months, retail sales were up the most in almost two years. Healthy hiring, wage growth and limited inflation are giving Americans the wherewithal to spend at stores, malls and online merchants.
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