retail sales

China’s Industrial Output and Retail Sales Surge, Boosting Recovery Hopes

China's economic outlook shows improvement as industrial output and retail sales beat expectations in October. Industrial output accelerated to 4.6%,…

2 years ago

Analysis: As Ukraine war drags on, Europe’s economy succumbs to crisis

A post-pandemic spending euphoria, supported by copious government spending was set to drive the economy and help fatigued households regain…

3 years ago

Morning Bid: A break in the storm clouds

Markets breathed a sigh of relief after the U.S. Secretary of State Antony Blinken agreed to a meeting with Russia's…

4 years ago

Japan’s retail sales extend gains but COVID-19 challenges persist

Japan's retail sales rose for a fifth straight month in July, beating expectations as the consumer sector continued its recovery,…

4 years ago

Wall Street slumps after weak retail sales, Home Depot results

Wall Street's main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a…

4 years ago

Safe-haven currencies supported on signs on weakening economic sentiment

Safe-haven currencies such as the yen held firm against riskier currencies on Tuesday as disappointing economic data from China, the…

4 years ago

Dollar languishes near one-week low after consumer sentiment blow

The dollar held near a one-week low versus major peers on Monday, after slumping the most in almost seven weeks…

4 years ago

June slump in Australia’s retail sales clouds Q3 growth outlook

Australian retail sales slumped in June as coronavirus lockdowns and mobility restrictions in much of the country hit demand, casting…

4 years ago

U.S. retail sales unexpectedly rebound in boost to economic growth

WASHINGTON, July 16 (Reuters) - U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as…

4 years ago

Analysis: U.S. companies spend billions on stay-at-home tech, boding ill for office properties

As the U.S. economy reopens, ramped-up corporate spending on video systems and plans to increase shared workspace suggests hybrid work…

4 years ago