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Retail sales

Data and earnings ease recession fears

by Merchant Moller
Data and earnings ease recession fears

Traders work on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC …

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Consumer spending jumped, better than expected

by Merchant Moller
Consumer spending jumped, better than expected

Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce Department reported Thursday. Advanced retail sales accelerated 1% on the …

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CNBC Daily Open: Live long and prosper

by Merchant Moller
CNBC Daily Open: Live long and prosper

Traders work on the floor of the New York Stock Exchange during morning trading on May 31, 2024 in New York City.  Michael M. Santiago | Getty Images This report …

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Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand

by Nevil Nickel
Car cos find roads to dealers choked: PV sales decline for the first time in 2.5 years in July amid sluggish demand

New Delhi: Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in …

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Passenger vehicle sales drop for first time in 2.5 years

by Nevil Nickel
Passenger vehicle sales drop for first time in 2.5 years

Passenger vehicle sales fell for the first time in two and a half years in July amid sluggish demand and high dealer inventory, reflecting a broader slowdown in consumer spending …

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Goldman Sachs on what a second Trump presidency means for China

by Merchant Moller
Goldman Sachs on what a second Trump presidency means for China

Chinese President Xi Jinping and former U.S. President Donald Trump in Beijing, China, in 2017. Artyom Ivanov | TASS | Getty Images BEIJING — If Donald Trump wins the U.S. …

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Automobile retail sales up 9 pc in April-June: FADA

by Nevil Nickel
Automobile retail sales up 9 pc in April-June: FADA

Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers’ body FADA said on Monday. Overall retail sales rose to …

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India auto sales: Auto sales muted as extreme heatwave cools demand in July

by Nevil Nickel
India auto sales: Auto sales muted as extreme heatwave cools demand in July

Vehicle registrations – a proxy for retail sales – were largely flat last month as extreme heatwave in several parts of the country impacted retail sales. According to data collated …

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Footfalls at auto dealers fall in June, so do RTO registrations

by Nevil Nickel
Footfalls at auto dealers fall in June, so do RTO registrations

New Delhi: Vehicle registrations – a proxy for retail sales – were largely flat last month as heatwave conditions in several parts of the country forced potential buyers to defer …

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May retail sales rise 0.1%

by Merchant Moller
May retail sales rise 0.1%

A worker assists with checkout at a Costco store in Teterboro, New Jersey, on Feb. 28, 2024. Stephanie Keith | Bloomberg | Getty Images Retail spending was weaker than expected …

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