Finance News – Retail Sales
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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...
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