On a year-on-year basis, Australia's retail sales figures are up about 5 percent in May, says David Thomas, head of Australian consumer research at CLSA.» Read More
*Retail sales rise 1.2 percent in May. WASHINGTON, June 11- U.S. retail sales surged in May as households boosted purchases of automobiles and a range of other goods even as they paid a bit more for gasoline, the latest sign economic growth is finally gathering steam. Retail sales increased 1.2 percent last month after an upwardly revised 0.2 percent gain in April,...
WASHINGTON, June 11- U.S. retail sales surged in May as households boosted purchases of automobiles and a range of other goods even as they paid a bit more for gasoline, the latest sign economic growth is finally gathering steam. The Commerce Department said on Thursday retail sales increased 1.2 percent last month after an upwardly revised 0.2 percent gain in...
CNBC's Rick Santelli breaks down the latest unemployment and retail sales numbers, and takes a look at import prices. And CNBC's Steve Liesman and Jim Iuorio, CNBC contributor, add perspective
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