May retail sales reached $763.7 billion, exceeding expectations and signaling resilient consumer demand amid economic uncertainty. US retail sales climbed 0.9% month-over-month in May to $763.7 billion, accelerating from April’s 0.5% gain. The print surpassed the consensus
May retail sales climbed to $763.7 billion, exceeding expectations and signaling resilient consumer demand ahead of the FOMC decision. US retail sales increased 0.9% month-over-month in May to $763.7 billion, surpassing the 0.5% consensus forecast. The gain followed a 0.5%
May retail sales rose faster than expected, signaling stronger consumer demand amid economic uncertainty. US retail sales increased 0.9% in May, exceeding the 0.5% consensus forecast. The gain follows a 0.5% rise in April and reflects broad-based strength across categories
Markets await May retail sales figures, with consensus expecting a 0.5% increase, as focus shifts to Fed policy later today. US retail sales for May are expected to rise 0.5% month-over-month, matching the ex-autos figure, according to consensus estimates. The control grou
May UK CPI remained at 2.8% YoY, below BoE projections, with services inflation rising to 3.7% despite softer goods prices. UK headline inflation remained unchanged at 2.8% year-on-year in May, missing both Bloomberg consensus estimates and the Bank of England’s April Mone
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Annual UK inflation remained at 2.8% in May, defying expectations of a rise to 3% amid energy price pressures. UK inflation held steady at 2.8% in May, below economists' forecasts of a 3% increase, according to official data. The figure matches April's reading, which was d
Britain’s annual inflation rate remained at 2.8% in May, above the Bank of England’s 2% target for the third consecutive month. The UK’s annual Consumer Price Index held steady at 2.8% in May, matching April’s print, according to official data released Wednesday. The readi
May CPI rose 2.8% year-on-year, below the 3.0% estimate, easing pressure on the Bank of England to tighten policy further. UK consumer prices rose 2.8% in May from a year earlier, missing economists’ 3.0% forecast and matching April’s annual rate. Monthly CPI increased 0.2
The deficit narrowed sharply from the previous quarter, easing pressure on the RBNZ amid external balance concerns. New Zealand’s current account deficit for Q1 shrank to NZ$1.008 billion, beating expectations of NZ$0.967 billion and marking a sharp improvement from the pr