US retail sales rise in April
by ChemOrbis Editorial Team - content@chemorbis.com
According to the US Commerce Department, overall retail sales in the US increased by 0.4% in April on a monthly basis after a revised rise of 0.1% in March. The market expectations were calling for a rise of 0.6%. On a yearly basis, however, the retail sales were up by 4.5% in April
The rise in the country’s retail sales in April was mainly led by a rebound in auto sales by 0.7% in April after a fall of 0.5% in March. Sales at service stations and at building materials stores also increased by 0.2% and 1.2% after respective drops 0.4% and 1.75% in March.
The rise in the country’s retail sales in April was mainly led by a rebound in auto sales by 0.7% in April after a fall of 0.5% in March. Sales at service stations and at building materials stores also increased by 0.2% and 1.2% after respective drops 0.4% and 1.75% in March.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- India’s PP, PE markets extend declines in Sept; will post-monsoon demand kick in?
- Local PVC prices see fresh drops across Southeast Asian markets
- Stats: EU27’s H1 2024 polymer imports down on year; PVC sees sharpest decline
- Asian petchem producers’ Q2/H1 results hampered by overcapacity
- Türkiye’s PP, PE markets on hold ahead of Sept offers
- BIS out of the way for now, Asian PVC players to vie for space in India
- Freight rates continue to fall, Asia-US routes buck the trend
- Asian PET bottle markets drop to multi-month lows amid persistent demand woes
- Stats: Türkiye’s overall polymer imports down by 7% in H1 on year
- Europe’s PP, PE markets return from long break on a firmer note
