Canada retail sales rise more than expected
UK retail sales rise by more than expected in August
British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, official figures showed on Friday.
Canada Retail Sales on Pace for Third Quarter Rebound
Canadian retail sales likely rose sharply in August after a solid July gain, indicating a strong rebound after two consecutive quarters of shrinking sales.
Retailers sales rise in August boosted by summer discounts and warmer weather
Sales volumes rose by 1.2% in the three months to August 2024, when compared with the three months to May 2024
UK retail sales rise 1% in August
British retail sales rose 1% in August, official figures showed on Friday. Economists polled by Reuters had forecast a monthly rise of 0.4% in sales volumes from July. After a surge in inflation in 2022 which caused a hit to consumer spending power for much of the following two years,
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With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
Retail sales rise in August despite waning consumer confidence
Retail sales continued to grow in August despite consumer confidence plummeting, according to the Office for National Statistics.
Holiday retail sales expected to rise as consumers navigate inflation
E-commerce continues to show strong gains, with online sales expected to grow by 7.0% to 9.0%, totaling up to $294 billion. Shoppers are expected to maximize their spending through online deals, as retailers focus on building loyalty and trust with consumers.
US retail sales rise 0.1% in August, beating estimates
US retail sales increased 0.1% to reach $710.8 billion in August, beating market estimates, according to advance figures released on Tuesday by the US Commerce Department. The estimate was for the figure to show a decline of 0.2%.
Canada Retail Sales Climb 0.9% in July, Seen Up Again in August
Strengthening sales volumes will be welcome news to the Bank of Canada, which has been concerned about downside risks to the economy.
Canada retail sales rise more than expected in July; likely up in August
Canadian retail sales grew by 0.9% in July from June, led by higher sales at motor vehicle and parts dealers, while sales likely climbed further in August, data from Statistics Canada showed on Friday.
Retail sales up 0.9% in July: StatsCan
Statistics Canada says retail sales rose 0.9 per cent to $66.4 billion in July, helped by stronger new car sales. The agency says sales were higher in seven of the nine subsectors it tracks.
FTSE 100 drops over 1% on strong retail sales, rising pound pressure
The UK's benchmark FTSE 100 stock index slipped on Friday, registering weekly declines, after hotter-than-expected retail ...
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is ...
Retail Spending Rise Bolsters Year-End Outlook
Census Department data for August shows consumers defied economists' predictions of shrinking retail spending, setting the ...
Canadian dollar clings to weekly gain as retail sales beat estimates
The Canadian dollar steadied against its U.S. counterpart on Friday as domestic data showed retail sales rising more than ...