- Friday, 12 January 2018
- News
U.S. Retail Sales increased by 0.4%
U.S. retail sales increased in December as households bought a range of goods and figures for the prior month were revised higher, suggesting the economy exited 2017 with strong momentum. The Commerce Department said on Friday that retail sales rose 0.4 percent last month. Data for November was revised to show sales gaining 0.9 percent instead of the previously reported 0.8 percent increase.
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- Friday, 12 January 2018
- News
Black Friday and iPhone X sales drive 1.2 per cent rise in Australian Retail Sales
Australian retail turnover rose 1.2 per cent in November 2017, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This follows a 0.5 per cent rise in October 2017. In seasonally adjusted terms, rises were led by the household goods (4.5 per cent) and other retailing (2.2 per cent) industries," the Director of the Quarterly Economy Wide Surveys, Ben James, said. "Seasonally adjusted sales in both these industries are influenced by the release of the iPhone X and the increasing popularity of promotions in November, including Black Friday sales."
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- Tuesday, 09 January 2018
- News
UK retailers report biggest fall in non-food spending since 2009 – BRC
Inflation-squeezed British shoppers cut back on almost everything other than food in the last three months of 2017, leading to the biggest fall in non-grocery spending since 2009, industry figures showed on Tuesday. British inflation rose to its highest in nearly six years in November at 3.1 percent, largely as a result of the pound’s fall after June 2016’s Brexit vote, and many consumer-facing businesses have been coming under increased pressure.
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- Monday, 08 January 2018
- News
Eurozone Retail Sales up by 1.5%
In November 2017 compared with October 2017, the seasonally adjusted volume of retail trade increased by 1.5% in both the euro area (EA19) and the EU28, according to estimates from Eurostat, the statistical office of the European Union. In October, the retail trade volume fell by 1.1% in the euro area and by 0.6% in the EU28. In November 2017 compared with November 2016, the calendar adjusted retail sales index increased by 2.8% in the euro area and by 2.7% in the EU28.
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