UK retail sales leap in January as consumers defy weak outlook
British retail sales rose by a much stronger-than-expected 1.7% in January, the biggest increase since May last year, according to official data published on Friday that suggested consumers were happy to spend despite a weak outlook for the economy.
Retail Sales Fell 0.9% in January
U.S. retail sales fell more than expected in January, dropping a seasonally adjusted 0.9% from December to $723.9 billion, the Commerce Department said. Economists surveyed by The Wall Street Journal had expected a drop of 0.
January retail sales fall a much more-than-expected 0.9%
According to a Friday U.S. Census Bureau report, retail sales for January were down 0.9% from the December. But total sales for November 2024 - January 2025 were up 4.2%.
US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in the past four months, suggesting a sharp slowdown in economic growth early in the first quarter.
Push UPs [Stocks] Vs Pull DOWNs [Retail Sales]
The S&P 500 and Nasdaq showed bullish behavior, with the Dow Jones leading YTD gains at 4.7%, despite weak retail sales data. Read the full report here.
Food shopping pushes January retail sales up 1.7%
The figures mark a partial bounce back after the retail sector suffered a downbeat December trading period last year.
UK consumers defy weak outlook to ramp up their spending
British retail sales rose in January for the first time since August and by much more than expected, according to official data that suggested consumers were happy to spend despite a weak outlook for the economy.
Surprise boost for shops as retail sales growth exceeds expectations
January had the first growth in retail sales after four months of falls, a sign of a strengthening economy. Shops were given ...
Retail sales slump. Wildfires, cold snap and post-holiday blues depress spending.
Retail sales fell in January by the most in almost two years after consumers took a breather from holiday shopping season and ...
FTSE 100 Live: UK Stocks and Pound Steady Ahead of Retail Sales
On the retail sales data, economists expect monthly growth of 0.9% for January excluding fuel, after the 0.6% decline in the ...
Walmart shares tank on dismal forecast as retail giant warns of slowing sales
Walmart’s lower-than-expected guidance is a warning that US consumer spending is slowing, said Brian Mulberry, client ...
Retail sales make biggest drop in almost 2 years
Retail and food sales made their largest monthly drop in January since March 2023, marking an end to the buying surge that ...
US Retail Sales Drop by Most in Two Years Amid Fires, Storms
US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a ...
Sterling edges up after stronger UK retail sales
The pound edged up on Friday after data showed UK consumer spending picked up much more sharply than expected in January, but ...
US retail sales plunged along with temperatures in January after a bustling holiday season
U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at ...