US retail sales in January grew by 0.4% due to increased sales of gas stations and restaurants.
Economists had forecast a moderate increase of 0.1% in January.
German retail sales fell in December by 0.9% compared to November.
Analysts had forecast an increase of 0.5% in sales.
USA economic data news:
The US producer price index jumped 0.4% in November.
U.S. Retail Sales Growth Slows in November and it was smallest gain in 3 months.
Retail sales increased a seasonally adjusted 0.1% in November, below the 0.3% forecast of economists.
The industrial output in November rose by 6.2%, following an increase of 6.1% last month.
China’s retail sales jumped by 10.8% in November after rising by 10% in October versus expectations of a rise of 10.3%.
The German retail sales recorded in October the best month for the past five years, with an increase of 2.4% in sales (relative to September), significantly above the forecast of a rise of 1%.
Japan released some data:
The unemployment rate in the country remained stable at 3% in October while household spending fell at an annual rate of 0.4% in October, below the analysts’ forecasts of a 0.6% decline.
The retail sales in October fell by 0.1% less than the analysts’ expectations of a steeper decline at a rate of 1.2%.
The English pound strengthened by 0.3% against the US dollar to a price level of 1.248 dollars to the pound, after the UK retail sales jumped sharply and more than expected in October.
The sales in October rose by 1.9% compared with September, when there was an increase of only 0.1%
US retail sales surged in October, and completed the two best sequence since the beginning of 2014.
The sales rose by 0.8% after rising by 1% in September, while analysts estimated a more modest rise of 0.7%.
The trading on the Asian stock markets conducted with a mixed trend, at the background of mixed macroeconomic data in China which weigh down the trading, while weakening the Japanese yen that benefited the Japanese exporters and the Tokyo Stock Exchange.
China National Statistics Office published today that retail sales in October increased by 10% compared to October 2015, but a drop compared to the 10.7% increase in September.
Another data pointed of a growth of 6.1% in industrial output – a figure identical to that published last month, but it was short compared to the economists’ forecasts.
Japan retail sales fell by 2.1% in August, following a decline of 0.2% in July and while the market expected a decline of 1.7%.
The retreat in retail sales is a further evidence of the deep deflation which exists in the Japanese economy, which struggling to get out of it despite aggressive expansionary policy adopted by the central bank.