S. KOREA’S INDUSTRIAL OUTPUT GREW 0.8% IN MARCH

Highlights –

• S. Korea’s industrial output grew 0.8% in March.
• Output in the mining, manufacturing, gas, and electricity industries declined 0.8 percent in March.
• In the reporting month service production gained 1.2 percent on-mo...

CHINA SEES AN INCREASE IN INDUSTRIAL OUTPUT IN JAN-FEB 2021

Highlights –

• China sees an increase in industrial output in Jan-Feb 2021.
• In the first two months, the industrial output rose by 35.1%.
• Retail sales in January-February rose 33.8%.
• Export growth hit a record pace in Fe...

S. KOREA’S RETAIL SALES ROSE BY 6 PERCENT IN JANUARY

Highlights –

• S. Korea’s retail sales rose by 6 percent in January.
• Due to the pandemic more consumers purchased daily necessities from online stores.
• In January, combined sales of 26 major offline and online retailers reached 12...

SOUTH KOREA’S RETAIL SALES IN NOVEMBER PEAKED TO 6.3 PERCENT

Highlights –

• South Korea’s retail sales in November peaked at 6.3 percent.
• The combined of 26 major offline and online retailers reached 12.41 trillion won in November.
• Online platforms saw their sales jump 17 percent over the p...

U.S. RETAIL SALES SURGED MEAGRE 0.3% IN OCTOBER

Highlights

• The impact of the third wave of COVID-19 cases in the United States was immediately visible on consumer spending as the retail sales surged at the slowest pace in six months

• According to the report published by the Commerce Department, the value of tot...

CHINA’S OCTOBER EXPORTS GROWTH PICKED UP MOMENTUM ON BACK OF US DEMAND

• China’s export growth picked up momentum in October, enhancing the total so far this year back above pre-coronavirus levels for the first time.
• Exports in October increased 11.4% over a year earlier to $237.2 billion, up from September’s 9.9% gain, as shown by custo...

U.S. RETAIL SALES JUMP IN SEPTEMBER, ECONOMY CONTINUES TO SUFFER

Highlights

• The number of new COVID-19 cases are increasing in the United States that is likely to reimpose restrictions on businesses like restaurants, bars and gyms resulting into curbing consumer spending

• According to the data, retail sales surged 1.9 percent i...

UNITED KINGDOM: RETAIL SALES INCREASED AFTER THE GOVERNMENT LIFTS LOCKDOWN RULES

Highlights:

• The retail sales in the United Kingdom have grown after the lockdown measures were lifted
• The Confederation of British Industry survey has pointed to grocery stores as a big contributor to sales growth

As the lockdown mea...

RETAIL SALES OBSERVE A RISE OF 1.2%

Highlights

• Electronics and appliance sales observed a jump of 22.9%
• Clothing observed an increase of 5.7%

Reports suggest that retail sales for the month rose by 1.2%. The economists surveyed by Dow Jones had expected an increase of ...

REPRESSED DEMAND AMONG BRITISH CONSUMERS

Highlights –

• A survey showed British shoppers huge repressed demands after shops started opening.
• Consumers waited in long lines for shopping in physical stores.
• Although, the survey also showed retail sales plunged by nearly a fifth...

BRITISH RETAIL SALES FALL ALONG WITH LOW CONSUMER CONFIDENCE

Highlights –

• Pandemic has made people purchase less from retail sectors.
• Consumer spending and economic output likely to fall in the quarterly period.
• British consumer confidence in late May fell to its lowest level.
• BDO hi...

U.S. RETAIL SALES WITNESS RECORD PLUNGE IN MARCH

Coronavirus outbreak has not only taken lives of thousands but also affected the economy of various countries. The United States is among the worst affected countries by coronavirus as the statistics from the month of March reveal that the consumer activity in the country took massive blow. Accor...

INDUSTRIAL PRODUCTION OF CHINA DECLINED BY 13.5 PERCENT FOR JANUARY AND FEBRUARY

Highlights

• Retail sales fell by 20.5 percent
• Fixed asset investment collapsed by 24.5 percent

The impact of coronavirus on China’s economy was released on Monday. It revealed a dramatic collap...

Rise in Holiday sales by 4.1 percent, slightly topping off expectations of NRF

There was an increase of 4.1 percent in the holiday retail sales in the last year, which mounted up to 730.2 billion dollars and came at the extreme end of a beforehand issued estimate, as said by the National Retail Federation on Thursday in a press release.

The leading trade group of ...

Occasion Retail Sales Can Be Failing Their Spirit

Retail deals measure the acquisition of strong and non-solid merchandise over a specific timeframe—as a rule once every month. This figure screens and tracks buyer ways of managing money and the interest for completed products. These businesses are accounted for by all nourishment administr...

U.S Equities Update:optimistic Signal From world Stock Markets?

The equity markets registered modest gains last week against a harsh scenery of weak economic information, in progress trade uncertainty, and deteriorating government events.

Nevertheless, the markets found traction in better-than-expected earnings from the large-capitalization banks an...