Retail sales

Consumer spending in New Zealand slowed down in the third quarter as retail sales fell more than expected. Official data from Statistics New Zealand showed that retail sales were flat in the three months ending September 2018. The data… Read More

Consumer prices in the United States rose at the fastest pace since the start of the year in October. The surge in inflation was driven by higher gas prices and a rebound in the price of automobiles including used cars and trucks. The… Read More

Today at 8:30 EST (14:30 CET) the US Census Bureau will publish the retail sales data for the month of October, which coincides with weekly employment data released from the US Department of Labor. Both of these events can be price… Read More

This weekend is bracketed by two major monthly data releases which are expected to get extra attention this time around: On Friday we have the release of the Michigan Consumer Sentiment Index and on Monday US Retail Sales data. One of the… Read More

Summary: New Zealand quarterly retail sales rise 1.1%, above estimates of 0.4% Annual retail sales rise 3.1% Better than expected retail sales raises prospects of a stronger Q2 GDP growth The latest retail sales report from… Read More

U.S. consumers were seen boosting spending in July marking a robust start to consumer spending for the third quarter beginning. The data comes in the backdrop of the stronger labor market and high consumer confidence. Confidence remains… Read More

While until recently, economists were hawkish on the Bank of Canada and preparing for a rate hike as early as July, the prospects of a rate hike are starting to diminish if recent data is anything to go by. Last week, data from Canada… Read More

Retail sales in the United States posted a strong rebound in the month of March snapping a three month consecutive decline. Retail sales were boosted by a bigger than increase in motor vehicle sales and other big items. Despite the stronger… Read More