Spending on goods weakens

August 3, 2021 | Press

FOR IMMEDIATE RELEASE

MONTREAL, QC, August 3, 2021 (Press Release) –Numera today released the latest update of its Global Retail Sales Tracker, which suggests that global retail spending weakened from its April peak.

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Global goods consumption growth easing into H2

July 2, 2021 | Press

FOR IMMEDIATE RELEASE

MONTREAL, QC, July 2, 2021 (Press Release) –Numera today released the latest update of its Global Retail Sales Tracker, which points to global goods consumption growth easing into H2.

Numera’s advance estimates for global retail sales for May and June suggest spending on goods weakened from its reopening high in April. In a context of strong consumer confidence and high excess savings, the May drop primarily reflects substitution away from goods and towards previously unavailable services.

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