U.K. retail sales and consumer confidence bounce in May
Friday, 19 June 2020 16:03 WIB |
U.K. retail sales volumes partly bounced for May, with a rise of 12%, compared to record falls, but sales were stll 13.1% lower than February, before the impact of the coronavirus (COVID-19) pandemic, the Office for National Statistics said Friday.
Non-food stores provided the largest contribution to growth, up 24.3%, and with a rise of 42% in household goods stores. The proportion spent online reached the highest proportion on record in May 2020 at 33.4%, versus 30.8% reported in April 2020. Separately, data showed U.K. consumer confidence increase to its highest level since March, at minus 36 in late May, according to GfK, Reuters reported.
Thursday, 9 July 2020 19:43 WIB
Applications for unemployment benefits in the U.S. declined last week by more than projected, easing concerns of a renewed downturn in the labor market after several large states reported a pickup in coronavirus cases.
Initial jobless claims in regular state programs fell by 99,000 to 1.3...
Monday, 6 July 2020 21:14 WIB
A gauge of U.S. service industries jumped to a four-month high in June and showed the resumption of growth as the economy reopened more broadly from pandemic-induced lockdowns.
The Institute for Supply Management said Monday that its non-manufacturing index soared a record 11.7 points to ...
Friday, 3 July 2020 15:57 WIB
The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the earlier 'flash' figure of 47.0 in June.
The data did little to influence the British pound or provi...
Thursday, 2 July 2020 19:50 WIB
Nonfarm Payrolls (NFP) in the US increased by 4,800,000 in June, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed May's increase of 2,699,000 (revised from 2,509,000) and came in better than the market expectation of 3,000,000.
Further details of the...
Wednesday, 1 July 2020 19:33 WIB
Employment in the US' private sector rose by 2,369,000 in June, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday.
This reading followed May's decline of 3,065,000 (revised from -2,760,000) and came in worse than the market expectation for an ...