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02.04.26 - 12:24
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Italy Retail Sales Remain Flat In February (AFX)
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ROME (dpa-AFX) - Italy's retail sales stalled in February after rebounding in the previous month, the statistical office ISTAT reported Thursday.The sales value remained unchanged on a monthly bas......
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02.04.26 - 12:12
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Secondhand clothes sales forecast to hit $289bn as AI helps shoppers find deals (The Guardian)
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Sites such as Vinted and ThredUp expected to help resale grow twice as fast as overall clothing market in coming yearsBusiness live – latest updatesSecondhand clothing sales are forecast to surge 12% this year to $289bn (£217bn) and continue to step up, as AI and social media influencers help shoppers find the items they want.The rise of sites such as Vinted, Depop, Vestige and ThredUp is expected to power an average 9% annual growth over the next five years to reach $393bn, twice the pace of the overall clothing market. Continue reading......
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02.04.26 - 10:42
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Dutch Retail Sales Growth Eases To 1.3% (AFX)
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BRUSSELS (dpa-AFX) - The Netherlands' retail sales growth eased for the third straight month in February, according to data published by the Central Bureau of Statistics on Thursday.Retail turnove......
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01.04.26 - 19:36
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UK food inflation ′could hit 9%′, trade body warns as Reeves meets retail chiefs (The Guardian)
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Discussion on how to ease impact from Iran war coincides with Food and Drink Federation almost tripling forecastFood inflation could hit 9% in the UK this year even if the strait of Hormuz opens within the next few weeks, figures suggest, as the Iran war pushes up energy prices.The Food and Drink Federation (FDF), which represents 12,000 food and drink manufacturers, has predicted prices will rise by “at least” 9% by the end of 2026, almost tripling a forecast of 3.2% that was made before the Middle East conflict. Continue reading......
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01.04.26 - 15:39
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US Retail Sales Jumped Most In 8 Months In February (ZeroHedge)
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US Retail Sales Jumped Most In 8 Months In February
Bank of America's omniscient analysts forecast a very strong month for Retail Sales in February data (released today)...
The actual print was +0.6% MoM (better than the 0.5% consensus, but less than BofA's forecast) comes after a revised higher 0.1% MoM decline in January (and December's nothingburger)...
Source: Bloomberg
That is the highest MoM rise since June 2025, and sales rose 3.7% YoY...
Core Retail Sales (Ex Autos) rose 0.5% MoM (much better than expected) and Ex Autos and Gas also rose more than expected (+0.4% MoM).
Food and Beverage spending fell while Motor Vehicle and Parts Dealers saw the biggest jump...
Most importantly, the 'Control Group' which plugs into the GDP calculation rose 0.5% MoM (also considerably better than expected).
Interestingly, 'real' retail sales (admittedly crudely adjusted via CPI) have rebounded from a negative print in December...
Of course, this data was before the war started and before gas pric...
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01.04.26 - 15:13
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USA: Einzelhandelsumsätze steigen etwas mehr als erwartet (DPA-AFX)
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WASHINGTON (dpa-AFX) - Die Umsätze im US-Einzelhandel sind im Februar etwas stärker als erwartet gestiegen. Sie legten im Monatsvergleich um 0,6 Prozent zu, wie das Handelsministerium am Mittwoch in Washington mitteilte. Volkswirte hatten im Schnitt lediglich ......
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