Eurozone retail sales were stronger than expected in February, data revealed, as some countries eased restrictions on fighting the Covid-19 pandemic that month before re-tightening them in March. The European Union statistics office Eurostat said that retail sales in the 19 countries that use the euro rose 13% from the …
Read More »Canada: Average weekly Earnings Rise in January
The average weekly income of non-farm employees in Canada grew 8.3% Y-o-Y to 1,135 CAD in January 2021, after a bullish rate of 6.9% in December. It was the largest gain in profits since July, as job losses since February 2020 have been concentrated among hourly and lower-paid employees.
Read More »Canada: Retail Sales Decline by 1.1% in January vs. -3% Expected
Retail Sales in Canada declined by 1.1% in January to $54.5 billion, the data published by Statistics Canada revealed on Friday. This reading followed December’s decrease of 3.4% and came in better than analysts’ estimate for a fall of 3%.
Read More »US: Retail Sales Decline by 3% in February
Retail Sales in the US fell by 3% in February to $561.7 billion, the data published by the US Census Bureau showed on Tuesday. This reading followed January’s increase of 7.6% (revised from 5.3%) and came in worse than the market expectation for a decrease of 0.5%.
Read More »Eurozone Retail Sales Decline in January
The data published by Eurostat showed on Thursday that Retail Sales in the euro area contracted by 5.9% on a monthly basis in January. This reading followed December’s increase of 1.8% and fell short of the market expectation for a decline of 1.1%. On a yearly basis, Retail Sales fell …
Read More »U.S. Retail Sales Expected to Grow by 6.5-8.2%
The National Retail Federation (NRF) expects retail sales in the United States to grow by a rate of 6.5% to 8.2% this year, exceeding $4.33 trillion in volume. The expectation comes as the American economy is recovering from the impact of the Coronavirus pandemic, with the rollout of vaccines set …
Read More »Canada’s Retail Sales See Biggest Fall Since April
Retail sales in Canada declined by 3.4% in December to CAD 53.38 billion ($42.37 billion), data by Statistics Canada showed on Friday. This marked the biggest monthly decline in Canadian retail sales since April, as renewed lockdown measures against the Coronavirus vaccines led to the shutdown of many outlets and …
Read More »Eurozone Retail Sales surge by 2% in December
Retail Sales in the euro area rose by 2% on a monthly basis in December, the data published by the Eurostat showed on Thursday. This reading followed November’s contraction of 5.7% and came in better than the market expectation of 1.6%. On a yearly basis, Retail Sales increased by 0.6% …
Read More »US: Retail Sales Decline by 0.7% in December
Retail Sales in the US fell by 0.7% in December to $540.9 billion, the data published by the US Census Bureau showed on Friday. This reading followed November’s decline of 1.4% and came in worse than the market expectation of no-change.
Read More »US Retail Sales Decline in November
Retail sales in the United States declined by more than expected during November, data by the US Department of Commerce showed on Wednesday. Last month, retail sales decreased by 1.1%, while the October reading was revised down to show a decline of 0.1% instead of an increase of 0.3% as …
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