Tag Retail Sales

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Australia’s retail sales up sharply in November

The Australian Bureau of Statistics (ABS) reported that consumer spending surged in November 2022 as Black Friday and online sales celebrations boosted sales of clothing, electronics and furniture. This suggests that the recovery in consumption will be a catalyst for…

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Retail sales in Germany up 1.1% month-on-month in November

The German government announced today (January 6) that German retail sales rose by 1.1% in November compared with the previous month. Retail sales figures for November were in line with analysts’ expectations, who had expected an increase of 1.0%.

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U.S. retail sales during the holiday season rose by 7.6%

MasterCard released the Mastercard SpendingPulse Report, which said retail sales in the U.S. increased 7.6% during the holiday season from Nov. 1 to Dec. 24 this year, more than the expected gains of 7.1%, driven by retailers looking to lure…

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UK CBI distributive trade survey surprises

The Confederation of British Industry (CBI) announced that its distributive trade survey index rose to +11 in December, beating analysts’ expectations for a decline to -23 from -19 in November. The survey is designed to measure the health of the…

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U.S. retail sales fell more than expected in November

According to the U.S. Department of Commerce, retail sales fell 0.6% in November, the largest decline in 11 months. Analysts had expected a 0.1% decline, following a 1.3% increase in October. Retail sales have been affected by inflation, which has…

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Retail sales in Singapore up again in October

Retail sales in Singapore rose 10.4% year-on-year in October, following an 11.3% increase in September. Month-on-month, they rose 0.1%, following a 3.2% increase in September. Total retail sales for the month were an estimated S$4 billion, with online sales accounting…

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