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Tag Archives: Retail

UK: Slight Slowdown in Retail Sales in July

Data for the retail sector showed that British retailers slowed slightly in July after sales growth hit its highest level in nearly three years in June, the first full month after the reopening of non-essential stores that were closed due to the Coronavirus. The CBI sales volume index fell compared …

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UK Retail Sales Recovered Less in December

Official data revealed that British retailers struggled to recover in December from partial lockdown measures the previous month, marking a weak end to their worst year on record, while public borrowing rose to its highest levels since 1962. These numbers bode poorly for Britain’s economy in early 2021, as it …

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German Retail Sales Rebound Before a Partial Close

German retail sales rebounded more than expected in October, data reported Wednesday, December 2, indicating that consumers supported overall growth in Europe’s largest economy ahead of partial lockdown measures to contain the second wave of the coronavirus pandemic. The Federal Statistics Office said retail sales rose 2.6% in October on …

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