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Recent Articles

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Canada's retail sales reached C$67.8B in May, up 15.3% year-over-year; largest contribution to increase came from higher sales of automotive and household fuels, up 69.8% year-over-year: Statistics Canada

Euro area seasonally adjusted volume of retail trade decreased by 1.2% in June over May, decreased by 3.7% year-over-year: Eurostat

NRF economist says US economy strong enough to deal with inflation and 'keep a recession at bay' despite two consecutive quarters of decline; for 2022, GDP growth forecast lowered to 2% from 3.5%, and retail sales expected to grow 6%-8% year-over-year

US labor productivity rose 6.6% in retail trade and 5.7% in wholesale trade in 2021, hours worked and output increased at fastest rate since 1987; unit labor costs rose in both wholesale and retail trade: BLS

UK retail sales volumes in the year to July fell for the fourth consecutive month, down 4% as retailers expect sales volumes to decline at a quicker rate of 14% in year to August; decline in retail activity due to higher cost-of-living: CBI

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