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Wednesday, 13 April 2016
News

US Retail Sales unexpectedly fell in March

Sales at U.S. retailers unexpectedly fell in March, raising concern consumer spending is losing momentum. The 0.3% drop in purchases followed little change the prior month, Commerce Department figures showed Wednesday in Washington. The median forecast of 81 economists surveyed by Bloomberg called for a 0.1% gain. The decrease was led by the biggest drop in demand for autos in a year, and cutbacks at clothing stores, internet merchants and restaurants.  Read more...
Monday, 04 April 2016
News

Australian Retail Sales unchanged in February

The trend estimate for Australian retail sales rose 0.2% in February 2016. This follows a rise of 0.2% in January 2016 and a rise of 0.3% in December 2015. The seasonally adjusted estimate was relatively unchanged (0.0%) in February 2016. Analysts were expecting 0.4% increase. This follows a rise of 0.3% in January 2016 and a relatively unchanged (0.0%) December 2015. In trend terms, Australian turnover rose 3.7% in February 2016 compared with February 2015.
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Thursday, 24 March 2016
News

UK Retail Sales down by 0.4%

Year-on-year estimates of the quantity bought in the retail industry showed growth for the 34th consecutive month in February 2016, increasing by 3.8% compared with February 2015. The underlying pattern in the data, as suggested by the 3 month on 3 month movement in the quantity bought, showed growth for the 27th consecutive month, increasing by 0.8%. Read more...
Tuesday, 15 March 2016
News

US Retail Sales down by 0.1%

U.S. retail sales dropped in February and the prior month’s gain was revised to a decline, calling into question the narrative that bigger gains in consumer spending would propel economic growth at the start of 2016. The 0.1% decline in purchases followed a revised 0.4% January decrease, Commerce Department figures showed Tuesday. Sales excluding gasoline rose 0.2% in February, reversing the previous month’s retreat.
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