Tag: eighth

US retail sales up 1% in February

US retail sales up 1% in February

The Commerce Department revealed US retail sales grew strongly in February - representing the eighth consecutive monthly rise. According to the Commerce Department, sales grew 1% in February - higher than January’s revised 0.7%. However, economists had expected sales to moderate as consumers are hit by soaring petrol prices. The turmoil in the Middle East [...]

March 13, 2011 | 0 Comments More
UK car sales continue downward trend

UK car sales continue downward trend

The Society of Motor Manufacturers and Traders (SMMT) has revealed UK car sales fell by 7.7% in February compared with the same month in 2010. However, traditionally February is a quiet month for the car industry, with many waiting for the new number plate in March. The continuous fall in sales was expected due to [...]

March 10, 2011 | 0 Comments More
Hometrack: House prices fall eighth consecutive month

Hometrack: House prices fall eighth consecutive month

According to housing intelligence group, Hometrack, house prices in England and Wales fell for the eighth consecutive month in February. According to Hometrack, house prices fell by 0.2% on the month - however, this was the smallest decline for six months. On an annual basis, meanwhile, house prices were 2.7% lower in February - the [...]

March 3, 2011 | 0 Comments More