The US Department of Commerce published a report on the dynamics of retail sales in March, noting the record growth rate since September 2017 last month. The volume of retail sales grew by 1.6% compared to February, when the figure fell by 0.2%. Experts had expected sales to increase by only 1%. The growth of retail sales, not taking into account cars, gasoline and building materials, also turned out to be better than expected, reaching 1% after a decline of 0.3% a month earlier. The figure, which does not include car sales, rose by 1.2%, while economists had predicted an increase of 0.4%. Cars and spare parts for them were sold by 3.3% more than in February. Clothing sales increased by 2%, food and beverages - by 1%, electronics - by 0.5%. The growth in gasoline sales in monetary terms was 3.5%. A decrease in the indicator was observed only in one category - the sale of sporting goods decreased by 0.3%.
European stocks mixed, British retail sales plunge11.02.2021
AstraZeneca estimates 2021 growth after beating 4th quarter sales, sees faster growth02.02.2021
GameStop shares plunge, sliver spree halted as retail investors reach impact limit01.02.2021
Dollar boosted by safe-haven bid after retail frenzy wounds risk sentiment