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US retail sales rise in April on purchases of autos, clothing; lower gas prices a factor

The Canadian PressMay 13, 2013 14:00

WASHINGTON - Lower-priced gas allowed Americans to step up their spending at retailers in April, from cars and clothes to electronics and appliances. The rebound from a weak March suggests consumers remain resilient in the face of higher taxes and could continue to drive economic growth this spring. Retail sales edged up 0.1 per cent in April from March, the Commerce Department said Monday. That's an improvement from a 0.5 per cent decline in March, which was the largest drop in nine months.

US retail sales barely higher in April

Agence France-PresseMay 13, 2013 09:15

US retail sales edged up 0.1 percent in April from March, led by sales of building and garden supplies and clothing, Commerce Department data released Monday showed. Retail sales in April were $419.0 billion, up from $418.7 billion the prior month, when sales dropped a revised 0.5 percent. The slight improvement in consumer spending was better than expected; analysts had predicted a decline of 0.3 percent as consumers dealt with a January 1 increase on payroll and other taxes.

CORRECTED: German retail sales slip in March

Agence France-PresseApril 30, 2013 06:33

Retail sales in Germany showed a slight decrease in March, but did not fall as sharply as analysts had expected, official data showed on Tuesday. Retail sales fell by 0.5 percent in March compared with February in price, seasonally and calendar-adjusted terms, according to provisional figures by the federal statistics office Destatis. Analysts surveyed by Dow Jones Newswires had expected a drop of around 0.6 percent this month, following a decline of the same magnitude in February.

German consumer confidence up but retail sales slip

Agence France-PresseApril 30, 2013 04:31

Consumer confidence in Germany, Europe's biggest economy, rose again this month, apparently shrugging off fears of a possible resurgence of the euro crisis, even as retail sales slipped, data showed on Tuesday. The market research company GfK found in its regular monthly consumer climate survey that political gridlock in Italy and the Cyprus crisis have not substantially soured sentiment in Europe's biggest economy so far.

German retail sales slip in March

Agence France-PresseApril 30, 2013 03:03

Retail sales in Germany showed a slight decrease in March, but did not fall as sharply as analysts had expected, official data showed on Tuesday. Retail sales fell by 0.3 percent in March compared with February in price, seasonally and calendar-adjusted terms, according to provisional figures by the federal statistics office Destatis. Analysts surveyed by Dow Jones Newswires had expected a drop of around 0.6 percent this month, following a decline of the same magnitude in February.

British retail sales slide in March

Agence France-PresseApril 18, 2013 07:17

British retail sales sank by more than expected last month, official data showed Thursday, as shoppers shunned the high street during the second-coldest March on record. Retail sales sank 0.7 percent in March, the Office for National Statistics (ONS) announced in a statement. That was notably worse than market expectations for a 0.4-percent drop and followed a 2.1-percent jump in February. On a 12-month comparison, the ONS added that retail sales in March fell 0.5 percent compared with the same month of 2012.

Cold weather hurts British retail sales

Thomson ReutersApril 18, 2013 05:00

By David Milliken and Olesya Dmitracova LONDON (Reuters) - Unusually cold weather hurt British retail sales in March, but the fall was small enough to leave the possibility that the economy as a whole avoided shrinking in the first three months of the year. Retail sales volumes slipped 0.7 percent on the month after strong growth in February to stand 0.5 percent lower on the year, the Office for National Statistics said on Thursday.

China's retail sales up 12.4 pct

AsianetApril 15, 2013 16:02

China's retail sales grew 12.4 percent year on year to 5.5451 trillion yuan (887.22 billion U.S.

U.S. retail sales down 0.4 % in March

AsianetApril 15, 2013 14:58

U.S. retail and food services sales unexpectedly recorded their biggest fall in nine months in March, the Department of Commerce reported Friday. The department said the combined retail and food services sales in March dropped 0.4 percent to a seasonally adjusted 418.3 billion U.S. dollars.

S. Korea's retail sales expected to have improved: finance ministry

AsianetApril 11, 2013 08:01

South Korea's retail sales are expected to have improved in March mainly due to a hike in sales at department stores, a preliminary government report showed Tuesday. Sales at department stores are estimated to have risen 5.9 percent on-year in March following a 1.7 percent rise in the previous month, according to the report compiled by the finance ministry. Domestic sales of vehicles also showed signs of improving.