Finance News – Retail Sales
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'Grisly' May retail sales drop of 1.1% could point to Bank of Canada restarting rate cuts
The unexpected decrease in retail sales during May may influence the Bank of Canada’s decision-making regarding interest rates, potentially leading to a reduction to support econom...
Read Full Article →'Dismal' month for supermarkets pushes down retail sales
Retail sales experienced a notable decline in May, marking the sharpest monthly decrease in sales volume since the end of last year, reflecting challenging conditions for supermark...
Read Full Article →'Inflation and customer cutbacks' blamed for big dive in retail sales
Retail sales experienced a significant decline last month, marking the sharpest drop in several months, likely influenced by increased living costs and reduced consumer spending.
Read Full Article →U.S. Treasury yields slide after retail sales tumbled in May, raising recession fears
The decline in retail sales during May led to a drop in U.S. Treasury yields, increasing demand for bonds and signaling growing worries about economic deceleration.
Read Full Article →Retail sales fell 0.9% in May, worse than expected, as consumers pulled back
The unexpected drop in retail sales highlights reduced consumer spending, influenced by lower fuel purchases and growing concerns about future economic stability, which may affect...
Read Full Article →Retail Sales Rose in May, But Trade Group Warns of Spending Shift
Despite the increase in consumer purchases last month, industry experts caution that changes in buying patterns could impact overall economic growth and future revenue streams for...
Read Full Article →Ghost Ship producer Adnams slashes losses
Adnams reported a notable reduction in its operating deficit alongside a modest rise in revenue, reflecting progress in its efforts to improve overall financial performance despite...
Read Full Article →Pets at Home: Demand for vet services soars
Pets at Home experienced a significant increase in profitability from its veterinary division, which helped offset a decline in retail profit, resulting in overall stable revenue c...
Read Full Article →Retail sales increase puts another Bank of Canada rate cut back on the table
Stronger retail sales data may influence the Bank of Canada's future monetary policy decisions, potentially reducing the likelihood of an interest rate reduction in the near term.
Read Full Article →Sunny spring drives biggest jump in retail sales in Great Britain in four years
The unexpectedly high 1.2% increase in retail sales during April contributed to the strongest quarterly growth in nearly four years, positively impacting overall consumer-driven ec...
Read Full Article →China's retail sales disappoint as stimulus fails to spur demand; industrial output defies tariffs
Despite weaker consumer spending and ineffective stimulus measures, China's industrial production in April exceeded forecasts, suggesting that trade restrictions did not significan...
Read Full Article →U.S.-China tariff reprieve is enough to get products on the shelves in time for Christmas
The temporary reduction in trade barriers between the U.S. and China helps ensure timely product availability during the holiday season, which is crucial given that a significant p...
Read Full Article →Retail sales shoot up in sunniest spring on record
The recent increase in UK retail sales reflects a notable improvement in consumer spending, driven by favorable weather conditions that encouraged earlier-than-usual purchases comp...
Read Full Article →Spring sunshine and late Easter boost UK consumer spending
In April, UK retail sales grew by 7 percent annually, reflecting stronger consumer activity influenced by seasonal factors, despite ongoing concerns related to potential US trade p...
Read Full Article →Wall Street week ahead: U.S. stock market leadership eyed with crucial economic data on tap
This week’s key economic reports, including inflation and retail sales data, are expected to impact investor sentiment and influence the direction of major U.S. financial markets.
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