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Showing 161 - 170 of 715 results for "Retail sales"

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
... all of NAB's concerns is the continued weakness in the retail sector - one that's been highlighted in the latest retail sales stats - down by 0.1% in Feb against expectations for a 0.3% gain and a 0.4% increase in the previous month, that took the annual ...

Not as good as the headline

BENJAMIN ONG  |  FRIDAY, 7 APR 2017
... (which accounts for more than 60% of the economy) in the domestic economy. Recall the earlier ABS released that showed retail sales fell by 0.1% in February, far below expectations for a 0.3% gain and making the 0.4% increase in the previous month. The ...

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
... weak side of expectations. Only yesterday, the Australian Bureau of Statistics (ABS) released figures showing that retail sales fell by 0.1% in February, far below expectations for a 0.3% gain and making the 0.4% increase in the previous month more of ...

Kristin's correct call

BENJAMIN ONG  |  FRIDAY, 24 MAR 2017
... in light of declining joblessness. The unemployment rate was at 4.7% in January, the lowest level in 12 years. UK retail sales increased by 1.4% in February, more than reversing the 0.5% decline in the previous month. This is nearly four times higher ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... core PCE price index - in recent times (up 1.7% in the year to January). Similarly, retail spending remained robust. Retail sales rose by 0.1% in February and core retail sales - ex autos - by 0.2% in line with expectations. Even better, January's monthly ...

Doubting the benefit

BENJAMIN ONG  |  TUESDAY, 14 MAR 2017
... include: CPI inflation of 3% this year (unchanged from 2016); budget deficit of 3.0% (unchanged from 2016); lower retail sales growth (10% from 11%) and growth in M2 money supply (12% from 13%). Lowering China's growth target shows the Politburo's "prudence" ...

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
... testament to the robust labour market that, at the same time, suggests further pick up in prices. Headline and core retail sales picked up pace in the year to January, up 5.6% and 5.3%, respectively. However, Janet noted in her testimony that fiscal ...

Christmas not spent

BENJAMIN ONG  |  TUESDAY, 7 FEB 2017
... from the Australian Bureau of Statistics' (ABS) latest update on retail spending. The report showed that domestic retail sales fell by 0.1% in the month of December following a small 0.1% gain in the previous month, marking the fourth straight monthly ...

Sunrise sunset

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
... Sunset. Domestic demand remains weak (or is weakening again). After surging by 1.7% in the year to November, Japanese retail sales growth dramatically slowed to a mere 0.6% last month. This is more than half market expectations for a 1.3% gain. The slowdown ...

Brexit beginning to bite?

BENJAMIN ONG  |  TUESDAY, 24 JAN 2017
Latest data show that UK retail spending dropped big time in December. Total retail sales declined by 1.9% over the month of December following a 0.1% decrease in the previous month. This much sharper than market expectations for a 0.1% dip and is the ...