UK retail sales grew unexpectedly in April despite consumer confidence sliding to a record low as soaring inflation boosted the cost of living further. Retail sales expanded 1.4 percent monthly, reversing a revised 1.2 percent decline in March, data published by the Office for National Statistics showed Friday. Sales were forecast to drop 0.2 percent […]
The pound appreciated against its most major counterparts in the European session on Friday, as the nation’s retail sales grew unexpectedly in April despite consumer confidence sliding to a record low as soaring inflation boosted the cost of living further. Data from the Office for National Statistics showed that retail sales expanded 1.4 percent monthly, […]
Retail sales data from the UK is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for April. Sales are forecast to fall 0.2 percent on a monthly basis, slower than the 1.4 percent decrease posted in March. […]
South Africa’s retail sales rebounded at a slower-than-expected pace in March, data from Statistics South Africa showed on Wednesday. Retail sales rose an unadjusted 1.3 percent year-on-year in March, reversing a 0.9 percent fall in the previous month. That was below economists’ forecast for an increase of 1.5 percent. The annual increase in March was […]
US retail sales for April have been released at 8:30 am ET Tuesday. The greenback rose against its major counterparts after the data. The greenback was trading at 129.55 against the yen, 1.0533 against the euro, 1.2478 against the pound and 0.9937 against the franc around 8:35 am ET.
Retail sales in the US increased by more than expected in the month of April, according to a report released by the Commerce Department on Tuesday. The report said retail sales climbed by 0.9 percent in April after jumping by an upwardly revised 1.4 percent in March. Economists had expected retail sales to rise by […]
Brazil’s retail sales rose for the third straight month in March and at a faster-than-expected pace, figures from the Brazilian Institute of Geography and Statistics, or IBGE, showed on Tuesday. Retails sales climbed a seasonally-adjusted 1.0 percent month-on-month ion March, following a revised 1.3 percent increase in February. Economists had forecast only a 0.4 percent […]