LONDON, - British retail sales edged up unexpectedly in July, helped by the strongest growth in online spending in three years, suggesting consumers continued to support the economy ahead of the Oct. 31 Brexit deadline.
Compared with July 2018, sales were up by 3.3%, slowing from robust growth of 3.8% in June. The Reuters poll had pointed to annual sales growth of 2.6%. The figures contrasted with a British Retail Consortium survey that showed spending fell in the year to July at the fastest pace on record for that month.
However, household goods stores reported their biggest monthly drop in sales in two years, down 5.4%, with anecdotal evidence that warm weather had kept shoppers out of furniture and lighting stores.
Stockpiling
And stores in UK close all over the place, I see that with my own eyes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK inflation unexpectedly overshoots BoE target in JulyBritain's inflation rate unexpectedly overshot the Bank of England's 2... Food prices increased? Less crops, less offer, high demand = higher food prices. supermarkets have hiked some prices by more than 50%
Source: Reuters - 🏆 2. / 97 Read more »
Malaysia's July CPI up 1.4% year on year, slightly below forecastMalaysia's consumer price index rose 1.4% in July from a year earlier, a bi... Um........yay?! Are those snapper fish 🐡?
Source: Reuters - 🏆 2. / 97 Read more »
U.S. Inflation Picks Up in July as Core Prices StrengthenU.S. consumer prices rose at a robust pace in July on the back of higher prices for energy and most other goods and services, a possible sign that inflation is finding its footing after a weak start to the year. it wasn't because of that. Taxes on consumer goods cause price increases. Tariffs are taxes on consumer goods, paid by consumers. MAGA, you guys. Autumn is coming. that's the same in china,finally we reach a consensu🤔
Source: WSJ - 🏆 98. / 63 Read more »
China's industrial output growth slows in JulyBEIJING--Value-added industrial output in China rose 4.8% in July from a year earlier, slowing from the 6.3% increase in June, the National Bureau of Statistics said Wednesday. July's rise undershot a median forecast for 5.9% growth, according to a poll of 13 economists by The Wall Street Journal. Fixed-asset investment in China's urban areas rose 5.7% in the January-July period from a year earlier.
Source: MarketWatch - 🏆 3. / 97 Read more »
China's July steel output eases on environmental curbs, shrinking marginsChina's monthly crude steel output fell for a second straight month in July... THAT'S NOT STEEL, IT'S CRAP 💩💩💩💩💩💩💩 You forget to tell that chinese steel production is now 55% of world production. March it was 51,8%. Steel production in the rest of the world went down. China june MoM -1,75% is nothing. China dumps steel elsewhere
Source: Reuters - 🏆 2. / 97 Read more »
China July crude throughput climbs on-year, but off record as glut weighsChina's July crude oil throughput rose 4% from a year earlier, official dat... I think 🤔 Greta Thunberg should pay a visit to China 🇨🇳 and ask them to go carbon neutral English please. No idea what that tweet said.
Source: Reuters - 🏆 2. / 97 Read more »