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Saudi cost of living resists regional war pressures | AGBI
6+ hour, 18+ min ago (272+ words) The cost of living remained stable in Saudi Arabia last month, government data shows, although manufacturing costs spiked upwards in March. The consumer-price index for April, released by the General Authority for Statistics (Gastat), showed a moderate increase of 1. 7 percent…...
US retail sales show resilience despite cost pressures, ING warns of risks
1+ hour, 11+ min ago (462+ words) US retail sales rose 0. 5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence. ING Economics said the figures highlight the ability of consumers to absorb cost pressures, though risks remain as energy prices stay…...
Export prices rise sharply in April, E. J. Antoni notes
1+ hour, 5+ min ago (373+ words) Traders Union Export prices rise sharply in April, E. J. Antoni notes E. J. Antoni reports that U. S. export prices surged in April, with a 3. 3% month-over-month increase and an 8. 8% year-over-year rise, marking the largest annual increase since September 2022. Excluding fuel, export prices climbed 0. 8% month-over-month and…...
What Americans quietly stopped buying in April
1+ hour, 21+ min ago (171+ words) Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture. Retail sales rose 0. 5% in April, a slowdown from the revised growth level…...
MORE U. S. APRIL RETAIL SALES: FOOD & BEVERAGE STORES +0. 8% M/M
3+ hour, 33+ min ago (32+ words) Trading View MORE U. S. APRIL RETAIL SALES: FOOD & BEVERAGE STORES +0. 8% M/M More news from Mace News...
ZAWYA: LG and Al Yousuf Electronics open new LG AI Home showroom featuring the region's first LG AI Home experience zone
4+ hour, 32+ min ago (222+ words) Step Inside the Future of Home Living The Region's First LG AI Home Experience Zone, Powered by Schneider Electric A Destination for the Whole Family To ensure a welcoming experience for the whole family, the showroom features an in-store caf…...
Brits skipping safety checks to save cash warned: 'not worth the risk"
2+ hour, 27+ min ago (515+ words) Nearly a fifth have delayed routine gas checks to save money(Image: Getty Images) A staggering 18. 2 million Britons confess to cutting costs by selecting cheaper goods or services " despite having reservations about the quality and the fact it might carry…...
Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentials
35+ min ago (695+ words) Still, economists worry that spending will fall off more dramatically in the coming months as benefits from the refunds dissipate, and shoppers continue to grapple with the cumulative impact of rising gas prices at the pump. Retail sales rose 0. 5% in…...
April retail sales gain momentum despite inflation and weak consumer sentiment
22+ min ago (327+ words) United States retail sales saw both sequential and annual gains in April, according to data issued today by the United States Department of Commerce's Census Bureau. Total April retail sales, at $757. 2 billion were up 0. 5%, from March to April, and rose…...
Retail sales growth slowed in April from March amid higher gas costs
37+ min ago (726+ words) NEW YORK " Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture. But they're still buying, thanks to more generous government tax refunds....