Showing posts with label Financial News. Show all posts
Showing posts with label Financial News. Show all posts

Thursday, January 28, 2010

Retail sales according to the Confederation of British manufacturers fell in January predicted

According to the British Confederation of Industrialists (CBI), the balance of total retail sales (Retail sales volume balance) was -8% in January. Recall that in December the figure stood at 13%, and in January, is expected to fall to 11%.

Projected CBI, the situation stabilized in February, with the balance of retail sales improved to -1%. In general, it is expected that recovery will occur uncertain and weak during 2010.

Wholesale sales fell sharply in January (-38%), but is likely to increase in February (the forecast +9%).

British Industrialists Confederation represents the interests of some 240 000 organizations, which employs one third of the workforce of the private sector. The January survey was based on survey of 140 firms.

U.S. consumer confidence rose to 16-month high

Increased in January, optimism about the current economic situation in the United States led to the growth index of consumer confidence to record levels over the past 16 months.

The index of consumer confidence rose in January to a mark of 55.9 compared with 53.6 in December. Rate was at a record high in September 2008, and its growth continues for the third consecutive month.

Nevertheless, the index of consumer confidence in the U.S. is still at a very low level, considerably below the average value of 95.0.

Support the current situation index rose in January to 25.0 compared with 20.2 the previous month. Index of consumer expectations have increased from 75,9 to 76,5.

Monday, January 25, 2010

Wholesale sales in Canada rose by 2.5% in November

Wholesale sales of goods to Canada grew in November at 2.5% to $ 42.4 billion when the market assumed a much lower rate of growth rate in the region of 0,4% -0,5%.

Sales have risen for the fifth time in the past six months. During this period, wholesale trade in Canada has restored approximately 1 / 3 the volume of sales that have been lost since the peak of sales in July 2008.

The main source of growth rate in November began selling in the automotive sector. In addition, strong growth seen in the grocery sector, which includes food, beverages and tobacco products.

Note that the wholesale sales in the automotive sector increased during the reporting period by 7,8% to $ 7.3 billion

Retail sales in Canada fell by 0.3% in November

Retail sales in Canada fell in November to 0.3% to $ 35.2 billion, interrupting the growth, which lasted for the past three months. Data completely coincided with expectations of economists.

The main factor of incidence rate began dwindling sales of winter clothing, which is associated with unusually warm for this season's weather, established throughout Canada.

At the same time sales have declined in five of the eight sectors of retail trade. Falling sales in clothing and accessories at 3,6% was the most significant since September 2002.

Sales in the automotive sector declined in November to 0.2%

Saturday, January 23, 2010

The index of leading indicators in the U.S. increased by 1,1% in December

The index of leading economic indicators in the United States grew in December at 1.1%. The report of the research organization Conference Board noted that the growth of this indicator, which lasts for nine consecutive months, gives reason to expect a rapid pace and improve the economic situation of the coming spring.

The growth index of leading economic indicators in the reporting period exceeded the expectations of economists to forecast increased only by 0,7%.

Eight out of ten economic indicators rose in December. According to Conference Board economist Ken Goldstein, a noticeable growth indicators suggests that the economy is at an early stage of recovery.

UK retail sales index rose by 0,3% in December, below forecasts

The volume of retail sales in Britain rose by 0,3% in December in monthly terms, said National Statistical Office. The value index has fallen short of expectations of analysts, forecast growth index of retail sales by 1,3% during the reporting period. Recall that the previous month fell by 0,3%.

In annual terms, the index of retail sales amounted to 2,1% in December compared with 2,7% a month earlier (revised from 3,1%). Projected annual growth of sales by 3,0%.

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