Retail Sales

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Australian Retail Sales Dip 0.2% in October Amid Inflation Concerns

The latest report from the Australian Bureau of Statistics (ABS) reveals a 0.2% decline in October’s retail sales, reaching A$357.67 billion. This decrease is attributed to growing consumer apprehension regarding inflation and the impact of high interest rates on spending habits. According to the ABS findings, while there was an uptick in retail sales for …

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German Retail Sales Exceed Expectations, Surging by 1.1% in October

The German Statistical Office recently unveiled an encouraging report, revealing that retail sales in Germany soared beyond initial projections for the month of October. The data indicated a substantial uptick of 1.1%, surpassing the anticipated growth rate from September. Market analysts had earlier estimated a more conservative expansion of 0.4% for German retail sales during …

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Japanese Retail Sales Extend Growth Streak for 20th Consecutive Month, Surpassing Expectations

Japan’s retail sector continued its upward trajectory in October, marking an impressive 4.2% year-on-year increase in sales, as reported by the Japanese Ministry of Economy, Trade, and Industry. This sustained growth represents the 20th consecutive month of expansion for retail sales within the country. While the remarkable upswing demonstrates the robustness of Japan’s retail market, …

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Australian Retail Sales Experience Decline in October as Consumers Await Black Friday Discounts

Retail sales in Australia witnessed a decline in October, as reported by the Australian Bureau of Statistics (ABS). The figures, falling below expectations, reflected a trend of reduced consumer spending across most product categories, excluding food. Analysts attribute the dip in retail sales to consumers strategically holding off on purchases in anticipation of the upcoming …

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UK’s October Retail Sales Decline Adds Economic Concerns

The British Office for National Statistics (ONS) released concerning figures today, November 17, revealing a significant drop in October’s retail sales, signaling a worrisome trend of consumers opting to remain indoors, further posing potential risks to the national economy. Contrary to economists’ expectations, the ONS reported a 0.3% month-on-month decline in retail sales for October. …

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China’s October Retail Sales and Industrial Output Surpass Expectations

China’s economic indicators for October have exceeded forecasts, as reported by the National Bureau of Statistics (NBS). Retail sales in the country surged by 7.6% year-on-year, surpassing analysts’ projections of a 7% increase. Additionally, industrial production saw a robust rise of 4.6% year-on-year, outperforming expectations set at 4.4%. However, the growth in fixed asset investment …

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Australia Sees Q3 Retail Sales Uptick, But Per Capita Sales Hit Record Decline

In the third quarter of 2023 (July-September), Australia experienced a notable boost in its overall retail sales, marking the first increase in four consecutive quarters. However, a deeper dive into the data reveals that per capita retail sales have taken a significant hit, falling by the largest margin ever recorded. This downward trend can be …

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Australia’s Retail Sales Exceed Expectations in September, Fueling Anticipation of Interest Rate Hike

The Australian retail sector outperformed expectations in September, with the Australian Bureau of Statistics (ABS) reporting a robust 0.9% month-on-month increase in sales. This surge exceeded the predictions of analysts, who had anticipated a more modest 0.3% gain following a similar increase in August. The unexpected strength in retail sales data has ignited speculation in …

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China’s September Retail Sales and Industrial Production Exceed Expectations After Government Stimulus

In a noteworthy turn of events, the latest data released by China’s National Bureau of Statistics (NBS) has demonstrated stronger-than-expected growth in both industrial production and retail sales for the month of September. These impressive figures are indicative of the positive impact of government support measures, effectively bolstering various sectors of the economy. Industrial Production …

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