Car Stats Hurt Retail Sales in January
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U.S. retail sales dipped 0.3 percent in January as automobile sales fell sharply, but purchases outside the volatile car sector gained a healthy 0.6 percent, a government report showed on Tuesday.
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US retail sales rose 0.3% in January, official figures show, bolstered by sales of new cars and petrol.
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U.S. retail sales dipped 0.3 percent  in January as automobile sales fell sharply, but purchases  outside the volatile car sector gained a healthy 0.6 percent, a  government report showed on Tuesday.
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Retail sales in Germany fell sharply in January as a result of the steep rise in value-added or sales tax (VAT) which came into effect at the start of the month, data showed Friday.
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Ford Motor Co.  on Thursday said  U.S. January vehicle sales fell 19 percent from a year earlier  because of reduced sales to daily-rental companies.
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Retail sales dropped 0.3 percent in August, led by a decline in automotive purchases, after climbing 0.8 percent in July, the Commerce Department said.
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A slowdown in automobile and financial advertising hurt the companyÂs advertising sales over the last few weeks.
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January retail sales were unexpectedly flat as motor vehicle, gasoline and electronics sales dipped sharply in the post-holiday season after a December that was stronger than originally indicated, a Commerce Department report showed Wednesday.
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Consumers borrowing increased in January, reflecting an increase in auto loans.
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Business & money: House prices fell in January for the third month in a row, according to a report by Rightmove
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German retail sales slumped in January as a VAT rise introduced at the beginning of the year started to bite.
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U.S. retail sales rose a sluggish 0.1 percent in February amid unusually cold weather and despite firm auto sales, government data showed on Tuesday, raising expectations of an interest rate cut later this year.
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Toyota Motor Corp.  posted a rise in January U.S. auto sales on Thursday, claiming the No. 2 spot in the world's largest market for cars and trucks, as sales by rival Ford Motor Co  fell sharply.
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Treasury prices fell Wednesday after a new retail sales report showed an unexpected increase in consumer spending for January after the dismal holiday season.
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Ford Motor Co.  on Tuesday posted a 5.4 percent fall in U.S. vehicle sales for January, its eighth straight month of weaker results, as stronger sales of its new cars failed to offset falling SUV and minivan sales.
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U.S. retail sales dipped 0.3 percent  in January, as expected, as automobile sales fell sharply, but  purchases outside the volatile car sector gained a healthy 0.6  percent, a government report showed on Tuesday.
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Ford Motor Co  said on Friday that U.S. auto sales fell 4.1 percent in January, and the economic and competitive market would remain challenging.