retail sales

Canada’s Retail Sales Surge in April: A Look Ahead to May’s Potential Decline

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Overview of Retail Sales in April In April, Canada experienced a significant uptick in retail sales, marking an increase of 3.5% compared to the previous month. This surge can be attributed to a combination of factors that contributed to heightened consumer spending. A notable driver of this growth was the increase in online shopping, which … Read more

UK Retail Sales Experience Largest Monthly Decline Since 2023

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Overview of Retail Sales Trends in the UK Recent data indicates that UK retail sales have experienced their largest monthly decline since 2023, revealing a concerning trend in consumer spending. According to the Office for National Statistics, retail sales fell by a significant percentage in the latest reporting month, highlighting an ongoing shift in the … Read more